Nominal value was the fixed amount a share was worth under the articles of association. Since the 2005 Companies Act, the concept of quota value is used instead.
Quota value is calculated as the share capital divided by the number of shares. It is affected by events such as a split and a bonus issue, and has in practice replaced the earlier nominal value.

Quota value is a limited company's share capital divided by the number of shares.
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Share capital is the capital the shareholders contribute to a company in exchange for shares.
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A bonus issue raises share capital using the company's own funds, without new capital being added.
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A share split means each share is divided into several shares, without changing the total value.
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