Securities & Shareholding

For (Pty) Ltd entities, Atlas provides a share register to manage share classes, share allocations, and beneficial ownership.

Share Classes

Define the types of shares the company has authorised:

1. Open the entity's Securities tab
2. Click + Add Share Class
3. Fill in:
   • Class Name (e.g. Ordinary, Preference A)
   • Authorised Shares — total shares authorised
   • Par Value — nominal value per share (or state "no par value")
   • Voting Rights — yes/no

Common Share Classes

Class	Typical Use
Ordinary	Standard voting shares
Preference A	Fixed dividend, no voting
Management	Enhanced voting rights
Non-Voting	Economic interest only

Share Allocations

Record who holds shares and how many:

1. From the Securities tab, select a share class
2. Click + Allocate Shares
3. Enter:
   • Shareholder (linked from Persons)
   • Number of Shares
   • Date of Allocation
   • Certificate Number (optional)

Beneficial Ownership

Atlas tracks beneficial owners as required by FICA:

Field	Description
Person	Linked from the persons database
Ownership Type	Direct or indirect
Percentage	Ownership percentage
Control Type	Voting rights, economic benefit, or both

FICA Compliance

Beneficial ownership records should be maintained for all entities where natural persons hold 5% or more beneficial interest, as required by the Financial Intelligence Centre Act.