58 Share certificates

(1) A company shall state in its articles the circumstances, if any, in which
share certificates shall be issued.


(2) If a company issues share certificates, the certificates —

(a) shall, subject to the company‘s memorandum and articles, be
signed by —

(i) at least one director of the company; or

(ii) such other person who maybe authorised by resolution
of directors to sign share certificates; or

(b) shall be under the common seal of the company, with or without
the signature of any director of the company,

and the articles may provide for the signatures or common seal to be
facsimiles.