STAK
How a STAK holds shares and issues certificates.
Give certificate holders a planned sale day at one price
Holders place sealed orders on the dates you set. Every filled order trades at one clearing price, and one SEPA file pays the sellers.
In beta today: every holder sees the AFM notice and can open a list of five risks.
Your board stops brokering every sale by email
Your employees hold certificates (depositary receipts) from a STAK, the foundation that holds the shares, with no public place to sell them.
Sales one at a time
Every sale is a new negotiation
- A seller emails the board, and someone has to find a buyer.
- Each sale has its own price, deed and payment, and the board updates the register by hand.
With a trading day
Everyone sells on one day at one price
- Every holder gets the same link, rules and price.
- One SEPA file pays every seller, and completing the day updates the register.
From announcement to paid sellers in five steps
The company or its STAK buys from sellers and sells to buyers at one price.
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Announce the day
Set the dates, price rule, holder limits and any buyback budget. The default price is your latest valuation.
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Holders place sealed orders
On any device, holders choose buy or sell, a number and, unless the price is fixed, a price.
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The platform works out the price
When ordering closes, the platform finds one price and who gets what. You send it, and every holder gets an email.
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Buyers pay the company
Buyers pay through your own payment provider or by bank transfer, and you mark transfers as paid.
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Your bank pays the sellers
Upload the SEPA file to your bank, then complete the day to update the register and every wallet.
See a full trading day before you run yours
Tulpwerk is our demo company, so the numbers are made up and the screens are real.
You set the rules on one form
Sanne set a range of 2.40 to 9.60 euros around the 4.80 euro valuation, capped each buyer at 5,000 certificates and set aside 10,000 euros for buybacks.
No holder sees what colleagues bid
Lotte can change or withdraw her order for 1,000 certificates until ordering closes. Sellers confirm their IBAN with a one-cent iDEAL payment or a bank statement.
One file pays every seller
After a rehearsal of Tulpwerk's day, Sanne exports the SEPA file and completes the day, which the platform won't clear twice.
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4.90
euros, one clearing pricefor every filled order
Demo rehearsal.
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2,300
certificates offeredby sellers
Demo rehearsal.
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2,100
certificates wantedby buyers
Demo rehearsal.
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200
bought by the companyfrom its budget
Demo rehearsal.
Know how often to run a trading day
A trading day is a set moment with an opening and a closing date, not a stock exchange with daily trading. Our team helps you decide how often to run one.
Everything your board needs to run the day
The One-Price Trading Day
What you getWhat it saves the board
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Day setup on one form
Including sell-only days to buy back from leavers.
One set of rulesfor every sale
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A phone-friendly holder page
Your logo, a Dutch or English explainer, and paper orders you enter or import.
One linkfor every holder
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One clearing price with pro-rata fills
Every holder gets a result email.
No side dealsbetween colleagues
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Optional buyback budget
An answerto "what if nobody buys?"
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SEPA payout file and register update
One uploadinstead of a transfer per seller
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A rehearsal day with our team
We run your settings through a test day before holders see anything.
A dry runbefore the real day
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The Holder Notice Pack
A Dutch and English announcement email and holder FAQ, ready to send.
No draftingfor the board
Trading Day add-on on a paid plan
The add-on is in beta and billed per seat, with prices on our pricing page.
Create an accountPay for the add-on only after your first real day settles
One of our team joins the call while you send the price and export the SEPA file.
Today you pay monthly, and an expert hour is billed only for the time you use.
Check the limits before you plan a day
Skip the trading day if
- You want holders to trade every dayOrders open only on the dates you set, and there is no continuous trading.
- Your holders own BV shares directlyThe trading day is for STAK certificates and similar instruments.
- You need a buyer for every sellerShare Council can't promise a holder a buyer.
There is no reminder email before ordering closes yet, so remind holders yourself. For legal and tax questions, or to find an outside buyer, book an expert hour with our team.
Answers to what STAK boards ask first
Is this an exchange, and does Share Council hold the money?
No, only current certificate holders can take part, on the days you set. Buyers pay your company and your bank pays the sellers, so the money never passes through Share Council. Your adviser can tell you whether an AFM exemption applies.
What if nobody buys?
Sellers keep their certificates, unless the company set a buyback budget. When supply and demand don't match, the platform scales back every order on the larger side by the same share.
Who sets the price?
You choose a fixed price, a minimum only, or a range. With a minimum or a range, the platform picks the price at which the most certificates change hands. If two prices give the same volume, the higher one wins.
Which plan do I need?
It is an add-on on a paid plan, which certificates need too. You can't switch it on during the try-out, but you can look around for free first.
Do I still need a notary?
For setting up the STAK, yes. Shares in a BV move only by notarial deed, so the trading day is for certificates issued by a STAK and similar instruments. Share Council records those transfers when you complete the day.
Plan your first trading day
Look around first, then add the trading day when your dates are set.
Holders order in Dutch or English, on a phone or a laptop.