Companies Act 2014 section 99

Share certificates

Section 99 sets out the rules governing the issuance, replacement, and evidential status of share certificates, including the timeframes companies must meet and the remedies available when they fail to comply.

• A share certificate under the company's common seal is prima facie evidence of a member's title to those shares, and certificates must be ready for delivery within two months of allotment or transfer.
• If a company fails to issue certificates on time and does not remedy the default within 10 days of receiving notice, the entitled person may apply to the court for an order compelling the company to comply, with costs potentially borne by the company or the officer responsible.
• Lost, damaged, or destroyed share certificates may be renewed on payment of up to €10.00, subject to such terms regarding evidence, indemnity, and expense reimbursement as the directors see fit; members may also request additional certificates for their shares on payment of up to €10.00 per certificate.
• For jointly held shares, the company need only issue one certificate and delivery to any one joint holder counts as delivery to all; contravention of the certificate delivery requirements is a category 4 offence.