In order to register your company’s shares with Euroclear Sweden, you will need to add a record day provision to your articles of association.

One prerequisite to register your shares and affiliate your company with us is that you first need to take the decision to add a record day provision to your articles of association. In order to do this, you will need to convene a general meeting to decide on the change. An application then needs to be submitted to the Swedish Companies Registration Office.

Your issuer agent will assist during the process of affiliating with Euroclear Sweden.

You will need to contact an issuer agent at an early stage in the process. An issuer agent is a bank or a brokerage firm that can assist you during the affiliation process. There are around twenty-five issuer agents in Sweden and you are free to choose which one you want to engage.

The issuer agent will verify that your company’s share book is in order – which is a prerequisite for us to be able to carry out the affiliation process.

The issuer agent will also take care of all the practical work involved in registering your company’s shares with us towards the end of the process.

Once you have engaged an issuer agent and the addition of a record day provision has been approved in a general meeting, it is time to submit your application for affiliation.

Once your application has been approved, Euroclear Sweden will take over the management of your share register.

Your business will officially become a VPC-registered company on the day we execute the initial issue – i.e. transfer all shares to the company’s issuer agent for further book entry into the shareholder accounts.

(Read more about the process for new VPC-registered companies in the document below in Swedish).