When completeing a share reclassification it is not possible to reclassify a specific share allocation/certificate number for the shareholder
For example:
Created Ordinary share - created 3 separate share issues for different amounts logged on different days.
100
200
300
Created Preferred B share type :
Reclassified 300 ordinary shares into Preferred B shares - there was no where to specify which share certificates to use for the reclassification so it took it from the first and second issues - 100 and 200.
Looked to try and change the certificate numbers but couldn't see how this would be possible as the remaining Ordinary shares are all on one certificate whereas the 300 that were actually reclassified were split over 2 share certificates with different amounts.
Nick Lloyd
