Lex Cameroon

Uniform Act relating to commercial companies and economic interest groups › Title 1 › Chapter 1

SECTION 598

Shareholders shall be informed about the issue of new shares and the conditions of subscription therefor by a notice containing inter alia the following information: 1°) the company name and, where necessary, its acronym; 2°) the form of the company; 3°) the amount of the registered capital; 4°) the registered office address; 5°) the registration number of the company in the Trade and Personal Property Rights Register; 6°) the number and the face value of the shares and the amount of increase of capital; 7°) the price of issue of the shares to be subscribed for and the global amount of the issue premium, where necessary; 8°) the place and dates of commencement and close of subscription; 9°) the existence, for shareholders, of a pre-emptive right of subscription; 10°) the sum of money immediately payable per subscribed share; 11°) mention of the bank or the notary to receive the funds; 12°) where necessary, a brief description of the valuation and the method of remuneration of noncash contributions to the increase of capital, with an indication of the provisional nature of such valuation and method of remuneration.
Official translation Spot-checked In force from 17 April 1997 Source page 137

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Section 598 of the Uniform Act relating to commercial companies and economic interest groups /akn/ohada/act/loi/undated/auscgie-1997
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