Introduction
Creating a new Security in GEMS is possible from several places in GEMS and can be done either via the Dedicated Security Screen within the View More Details menu or during the addition of a new Security Amendment or Share Transaction in GEMS
Creating a Security via the Dedicated Security Screen in the View More Details menu.
New Securities can be created via the dedicated Shareholder/Stockholder Summary screen. This can be accessed by selecting the View More Details button on the Snapshot.
Then select the Security screen.
Whether the Security relates to Equity or Debt can be specified and the New Company Security can be selected
Creating a Security when adding a new Security Amendment or Security Transaction
New Securities can be created when adding a New Security Amendment or Share Transaction.
To create a new Security simply select the “Security Lookup List” icon within the Security Amendment or Transaction record.
Then specify whether the Security relates to Equity or Debt can be specified and then New Company Security can be selected,
Entering Details of Security
Once the New Security screen has been opened either via the Security screen or via an Amendment or Transaction record, the details on the new security can then be entered.
Some of the key details are:
Long Security Description
Currency
Has Nominal/Par Value?
Nominal Value
Voting
# of Votes
Prescribed Particulars
Next Certificate Number
Please note: The details presented will depend on the Jurisdictional business rules being applied to the entity.
Click the Save button to create the new Security.