Enumerate the sequence of events to be followed a shareholder who intends to transfer his shares to another person.

The transferor and transferee enter into a legally binding agreement to sell and buy the shares.
• The transferor completes the instrument of transfer entering all the particulars and signing the same.
• The transferor signs the relevant part of the document.
• In the case of a partial transfer of shares certification of the instrument of transfer the company is necessary.
• Stamp duty on the transfer must be paid.
• The instrument of transfer and the share certificate must be lodged with the company for registration of the transfer.
• On registration of the transfer the share certificate is cancelled and another issued in the name of the transferee.

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