A registrar is the entity that carries out share transfers, transmission and consolidation of shares on behalf of a company and attends to queries relating to dividends on shares of the company.

A share is a unit of account for financial instruments, such as the stock market, limited partnerships, and investment trusts. It is essentially a tradable piece of ownership of a company.

A shareholder is an investor who owns shares in a company and therefore gets part of the company’s profits and the right to vote on how the company is controlled

A dividend is the share of profits and retained earnings a company pays out to its shareholders. When a company generates a profit and accumulates retained earnings, those earnings can be either reinvested in the business or paid out to shareholders as a dividend. The annual dividend per share divided by the share price is the dividend yield.

A share certificate is a certificate issued by a company certifying that on the date the certificate is issued a certain person is the registered owner of shares in the company.

Central Depository Agents (CDAs) open and maintain Securities Accounts. All licensed Members of the Nairobi Securities Exchange and Custodian banks are CDAs.

You will complete and submit Securities Account Maintenance Form (CDS 1) to your CDA with the new address or indeed any other changed details.

A shareholder requires a share certificate, CDSC Statement, statement for their broker or an old dividend notice.

You get the duplicate copy of the deposit form (CDS 2)

You get a monthly statement from CDSC if you have a trade that month.

You get a statement upon request.

The statements are issued directly to your email or postal address as indicated on the form.

Yes. You and the lender will complete a Pledge Form (CDS 5) and deliver it to your CDA. The lender will forward the forms to CDSC through your CDA. CDSC thus marks the shares as pledged to the lender and confirms this to the lender and yourself. When shares are pledged you cannot sell them.

When you pay the loan, the lender completes the necessary Form (CDS6) instructing CDSC to remove the pledge.

Within 24 hours of the documents reaching CDSC.

By completing and signing the Securities Transfer Form, (CDS 4(A) + CDS 4(B) supplied to you by your stockbroker. The form must be signed also by your current CDA (CDS 4A) and your new CDA (CDS 4B)

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Share Registry