Name Changes at Shareholder Level
Changing the Entity Name at the Shareholder Level
- Go to the Shareholder Capital section of your Entity to view a list of All Transactions
In our example we will change 2741992 Ontario to reflect the Entity's new name - FBN Corporation.
See the original Entity name in the All Transactions list below
- Click the By Class tab. The transactions are displayed by class
- Click the ellipses (...) to the left of the Entity's old name and choose Cancel from the drop-down options provided. The Cancel Shares dialogue box displays
- Complete the Cancel Shares dialogue box as follows:
- In the Reason field, type Name change to "Entity's New Name"
- Select the Date from the Date Picker (alternately type a date in the following format yyyy-mm-dd)
- In the Holder field, type the Entity's old name
- Click the small numbered button at the lower right edge of the Amount field to select the shares which were issued under the old Entity name
- Click Ok to save your changes
- Issue the shares with the new Entity as shareholder - click the ellipses (...) to the right of the applicable share class and choose Issue from the drop-down options provided. The Issue Shares dialogue box displays
- Complete the Issue Shares dialogue box as follows:
- In the Reason field, type Name change from 2741992 Ontario
- Select the Date from the date picker
- In the Recipient field, select the new Entity name
- Type the number of shares from 4 d. above (in this example 5,000)
- Type Change of name from "old Entity name" to "New Entity Name" in the Ledger Note field (see specific example below)
- Click Ok to save
- To view changes, click the All Transactions tab (Hover over the red and green type fields to see full details
- To view this information in the Ledgers & Registers:
Click Shareholder Ledgers - a screen similar to the following appears: