Our standard advice on the transference of shares is as follows:
The ability to transfer shares depends on the Articles of the Company in question.
Under the Crowdcube Articles currently in force, B Investment Shares are freely transferable, and the
company must be notified of the transfer. A Ordinary shares cannot be transferred until the pre-emption
on transfer provisions are complied with, essentially A Ordinary Shares must first be offered to the other
holders of the same shares before they can be transferred. Some Articles have permitted transfer
provisions which carve out certain transfers (i.e. to an investor’s spouse or child) from the pre-emption
on transfer provisions.
As we are not able to offer legal advice, and as any transfer will be governed by the Articles belonging to
each company, you should contact them directly. You may need to supply the grant of probate and/or the
death certificate (depending on what the company requests).