What is a share register?
The share register (sometimes also called an ownership register) is a legally mandated registry that all Swedish limited companies must maintain. It contains information about all shareholders, how many shares they own, when they were acquired, and which share class (A or B) the shares belong to. The word ownership register is sometimes used interchangeably, although "share register" is the formal legal term.
Why is the share register important?
The share register determines who has the right to vote at general meetings and who is entitled to any dividends. In unlisted share trading, the updating of the share register is what officially confirms the change of ownership and makes the share transfer valid against the company.
The share register in secondary trading
When you buy unlisted shares through Accumeo, the share register at the company is updated after the transaction is completed. This is the step that officially makes you a registered shareholder at the company.