Alphabet Shares

Alphabet shares (also known as “multi-share” structures) allow a company to create different classes of shares (e.g. A, B, C), each with its own rights as set out in the articles of association.

Flexible dividend arrangements

Alphabet shares give you flexibility over how dividends are paid. Instead of distributing profits equally, the board can decide how dividends are allocated between different share classes. This allows certain shareholders to receive different amounts—or, if appropriate, no dividend at all.

Tailored control and decision-making

These structures are often used in family businesses and joint ventures to give specific shareholders defined rights, such as appointing directors or influencing key decisions.

Our standard options

We offer two standard alphabet share structures:

Both options allow different dividend rights to be attached to each class. Additional share classes (such as C, D, etc.) can also be created to suit your requirements.

Clarity and protection

If share rights are not clearly defined in a company’s articles, all shares will rank equally (pari passu). Our articles are carefully drafted to ensure each class of share has clearly defined rights, giving you certainty and control.

Bespoke structures available

If you require a more complex arrangement, we can provide a clear, upfront quote for any additional drafting before your company is incorporated.