Share Transactions (Redemption, Cancellation, Increase or Decrease in Authorised Share Capital, Acquisitions and Mergers)

Published: Wednesday November 11th, 2020

Share Transactions (Redemption, Cancellation, Increase or Decrease in Authorized
Share Capital, Acquisitions and Mergers of Designated Companies)

ALL TRANSACTIONS

i. confirmation of whether the share transaction has taken place;

ii. confirmation of the company’s name and Exchange Control status;

iii. a copy of the Board Resolution authorizing the share transaction;

iv. a copy of the certified share register for the company;

v. a copy of the approval/letter of no objection from the relevant regulatory body for the proposed
share transaction;

vi. a copy of the company’s current Business License/Certificate of Good Standing.

PROPOSED NOMINEE SHAREHOLDER

i. a copy of the Declaration of Trust authorizing that the shares be held as nominee;

ii. a copy of the relevant pages of the passport for each beneficial owner;

iii. documentation to confirm each beneficial owner’s Bahamas immigration status, if applicable.

SHARE REDEMPTION/CANCELLATION: a copy of the share redemption/cancellation agreement

INCREASE/DECREASE IN AUTHORIZED SHARE CAPITAL

i. confirmation of the current and proposed authorized share capital;

ii. a copy of the relevant agreements.

MERGER OR ACQUISITION

i. a copy of the relevant organizational charts depicting the company’s ownership structure;

ii. a copy of the Certificate of Incorporation/Registration for the company being acquired/merged
with;

iii. a copy of the relevant pages of the passport for each of the company’s shareholders;

iv. documentation to confirm each shareholder’s Bahamas immigration status, if applicable.