Contests settled after recording rising shares (7,2)

'shares' is the definition.
('divvy up' can be a synonym of 'share')

'contests settled after recording rising' is the wordplay.
I cannot really see how this works, but
'contests' could be 'vies' (I've seen this in another clue) and 'vies' is found in the answer.
'rising' could be 'up' (similar in meaning) and 'up' is located in the answer.
The remaining letters 'div' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?