Share warrants to bearer entitle the bearer to specified fully paid shares, transferable by delivery and permitting dividend coupons. A public company limited by shares may, if authorised by its articles and with prior Central Government approval, issue under its common seal a share warrant for fully paid shares; such a warrant may provide for future dividend payments by coupons or otherwise, entitles the bearer to the shares specified, and permits transfer of those shares by delivery of the warrant.