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 (Bolagsverket)

It is a prerequisite to engage an Issuer agent to be able to connect the company to Euroclear Sweden. An issuing agent is a bank or a securities broker.

There are approximately 25 Issuer agents in Sweden; you choose from the list of Issuer agents which one you want to engage. The issuing agent checks that your company’s current share register is in order and that any share certificates are canceled.

The issuing agent also ensures that over 90% of the shares can be registered in the owners’ accounts at the end of the connection process.

The document below contains more information about the company’s preparations for the connection.

It can take up to a month after you have submitted the connection documents for the company to be connected to us. It can go faster if all registrations with the Swedish Companies Registration Office (Bolagsverket) are completed.

(All the documents you need to send to us can be found on the Forms and documents page. Find the link under Related Content, further down on this page.)

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.

Euroclear Sweden's Rule sets