Share issuance simulator
When a company sells a percentage by issuing new shares, that percentage applies to the enlarged capital, not to today's capital. This tool tells you exactly how many shares to issue.
What this tool is for
In a capital increase the company does not transfer existing shares: it creates new ones for the investor to subscribe. The most common mistake is to issue a number of shares equal to the agreed percentage of the current capital; the investor then ends up with less than agreed, because the total number of shares has grown.
The correct formula is: shares to issue = current shares × percentage ÷ (1 − percentage). Dividing the new shares by the resulting total then matches the agreed percentage exactly. The tool also shows how each existing shareholder is diluted and the price per share implied by the investment amount.
Transaction data
Result
Indicative arithmetic only. It does not consider share premium, preferred shares, pre-emptive rights, in-kind contributions, options or convertible instruments, tax effects, or the requirements of the subscription regulation and bylaws. Validate the numbers and corporate documents with a lawyer before closing.