Share split

The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Similar to a scrip issue, a share split also results in the shareholder owning more shares in proportion to the initial holding.

Under a share split each share is subdivided so that the par value is also subdivided; a 5 for 1 split would see an initial par value of 25p reduced to 5p for each new share.