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Reconstructed share ledger history

Reconstructed share ledger history

Reconstructed share ledger history means past ownership changes are rebuilt to obtain a correct share ledger.

What is reconstructed share ledger history?

Reconstructed share ledger history (Swedish: återskapad aktiebokshistorik) means past ownership changes and events are rebuilt when the share ledger is missing, incomplete or wrong. Sources include the memorandum of association, issue resolutions, Bolagsverket registrations, transfer agreements and share certificates.

 

Why the history needs to be correct

A complete history shows a correct ownership picture, for example in due diligence or a new share issue. Gaps can have consequences, see failure to keep a share ledger. NVR can help reconstruct the history and keep the ledger digitally going forward.

Learn more about the digital share ledger
Henrik Kristensen, NVR
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Related terms

Share ledger

A share ledger is a record of a company's shares and who its shareholders are.

Failure to keep a share ledger

Failure to keep a share ledger means a company does not keep its share ledger or make it available.

Due diligence

Due diligence is a review of a company carried out ahead of an investment or acquisition.

Share ledger events

Share ledger events are the changes to ownership and shares that are recorded in the share ledger.