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Advanced Transfer – What it is and it's purpose

Pontus Rudbo avatar
Written by Pontus Rudbo
Updated over a week ago

A transfer is the transition of ownership from one person to another. In NVR, for simplicity, the transferring party is referred to as the "seller" and the receiving party as the "buyer," regardless of whether the transfer was made through purchase, exchange, gift, inheritance, or any other reason. An advanced transfer refers to all combinations of:

  • One seller, multiple buyers

  • Multiple sellers, one buyer

  • Multiple sellers, multiple buyers

Please note that you can only transfer shares that are free to transfer. If shares have been registered in NVR as pledged, the pledge must be deregistered before the transfer can be registered.

When registering an advanced transfer, you will not be able to manually select exactly which share numbers are transferred—the system will allocate this automatically. If you need to control exactly which share numbers are transferred, you should use the simple transfer instead.

If the shares are registered in NVR as being subject to rights of first refusal or other restrictions, you will still be able to register the transactions, but you should verify what actions you are required to take depending on how these rights/restrictions are formulated in the Articles of Association.

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