A group of 4 guys came together to register a company, and one of them said he doesn't want to be part of the company again, he has been successfully removed as a shareholder, and his shares have been re-alotted to other members.

I now want to remove him from being a PSC, if i use "Cessation of Person with Significant Control" Service, I'm only removing as a PSC, how will I be able to re-allot his 20% holding as a PSC to the other shareholders?

Which of the options should I go with?