bearer share
Bearer shares (stocks) are documents, issued to entitle the holder to the share (stock). Unlike “normal” shares in name (registered shares), no records are usually kept of who owns bearer shares (stocks) or of transactions involving these shares. Therefore, bearer shares are freely transferable.
bearer shares in public limited company
Only a public limited company (formed under Dutch law) can issue bearer shares (stocks). Shares (stocks) of a private limited are registered by nature.