Capital increases in connection with contributions in kind

Increases in share capital in connection with contributions in kind, including the conversion of receivables, may take place through an increase in the nominal value of existing shares or through issuing new shares.

Where can you find out if you have shares acquired in this way?

A notification will have been submitted to the Register of Business Enterprises and the increase in capital will have been registered there. You will also find a report on capital increases in board meeting minutes and general meeting resolutions. There will also be confirmation from the auditor of a statement of non-monetary share contributions in accordance with the Limited Liability Companies Act, Section 2-6.

What principles are used as a basis for determining the input value?

In the case of an increase in capital, the input value is normally defined as the market value of the contribution in kind at the time of the auditor's confirmation; see the Limited Liability Companies Act, Section 10-12 first paragraph.