RR09 Application by a Public Company for Re-registration as a Private Company Following a Cancellation of Shares

Public limited companies are required to have a minimum of £50,000 share capital, and at least 25% iof this must be fully paid up.

A company can reduce its share capital by cancelling shares which have not yet been allocated, and this can be done by passing a director’s resolution. The cancellation of unallocated shares will reduce a company’s share capital, and where the result of the cancellation is that the share capital falls below the required minimum, the company will need to be re-registered as a private limited company.

In order to re-register, a director will need to complete this form and return it to Companies House, together with a copy of the director’s resolution.

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RR09 Application by a Public Company for Re-registration as a Private Company Following a Cancellation of Shares

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