A range of precedents including 15 versions of the share purchase agreement. They’re supported with a suite of additional clauses to cover off different transaction structures.
Guidance with key actions for shares you’ve issued or allotted to stakeholders. Practice Notes and Q&As take you through procedures needed by statute, analyse developments in case law, and tackle tricky technical points.
Weekly highlights newsletter feature the latest key news stories by topic. It’s supplemented by a horizon-scanning document, looking at key developments affecting corporate lawyers in the months ahead.
One day you might be advising an entrepreneur on a new start up. Another you’re facilitating a fundraising on the financial markets. Whatever the challenge, Lexis+ Corporate is the place to start.
Companies House has announced that, from 13 October 2025, customers will need to use GOV.UK One Login to access their WebFiling accounts. Users are...
The Financial Conduct Authority (FCA) has published a Private Intermittent Securities and Capital Exchange System (PISCES) Approval Notice (PAN) to...
This week's edition of Corporate weekly highlights includes: Companies House confirming the date of key changes to company registers as provided for...
Companies House has announced that, from 18 November 2025, companies will no longer be required to hold statutory registers for directors, directors'...
This week's edition of Corporate weekly highlights includes the announcement by Companies House that mandatory identity verification under ECCTA 2023...
Market Abuse Regulation (MAR)—essentialsIn each section of this Practice Note, links are given to the relevant provisions of EU and/or UK legislation,...
UK Market Abuse Regulation (UK MAR)—one minute guideWhat is the objective of the UK MAR?Regulation (EU) 596/2014 (EU Market Abuse Regulation)...
Execution of documents under Scots lawThe rules regarding execution of documents governed by the laws of Scotland are contained in:•the Requirements...
Audit and auditors—glossary of termsAWord or phraseDefinitionAccounting reference period (ARP)Usually the period of 12 months over which a company...
Subsidiary companies—audit exemptionIf a company prepares annual accounts for a financial year, they must be audited unless the company is exempt from...
Auditor’s statement of reasons—non-public interest companyTo:The Directors[insert company name] [LTD OR PLC][insert address][insert date]Dear...
Board minutes to convene an annual general meeting of a private company or unlisted public companyCompany number: [insert number][insert company name]...
Admission of further limited partners provisions—limited partnership agreementDelete and replace the definition of ‘Limited Partners’ in clause 1.1 of...
List of documents—initial listing on the Official List and admission to the Main MarketThis precedent list of documents is for use by a company...
Board minutes—IPO—Main Market—impactCompany number: [insert number]Registered in [Insert country of registration][Insert company name] [PLC OR...
Separate legal personality and the corporate veilCorporate legal personality—the Salomon principleA properly formed registered company is a separate...
A company’s constitutionWhat is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as...
Allotment and issue of shares—fundamentalsSTOP PRESS: A significant restructuring of the UK listing regime came into effect on 29 July 2024, which...
Private companies limited by sharesThis Practice Note summarises the main features of a private company limited by shares. It also covers key...
Holding an AGM of a private company or unlisted public companyThis Practice Note summarises the law, guidelines and market practice relating to the...
Removal of a directorThis note should be read in conjunction with Practice Note: Appointment, retirement and resignation of a director.For an...
Unlimited companiesThis Practice Note summarises the main features of an unlimited company and why an unlimited company might be used as a vehicle to...
Loan notes—fundamentalsThis fundamentals note considers some of the key characteristics of loan notes which may be issued by a private limited company...
Private equity investment—ratchetsA ratchet in private equity is a mechanism to vary the amount of equity held by founders, managers and employees...
Directors’ remunerationCompany directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration...
Drag along and tag along—fundamentalsDrag along and tag along rights are common provisions in private equity (PE)/venture capital (VC) and corporate...
A guide to share purchase agreementsThis Practice Note provides an overview of the agreement for the sale and purchase of shares in a private limited...
Transfer of shares—law and procedureThere are a number of circumstances in which shares in a company may be transferred, the most common of which are...
Companies limited by guaranteeWhat is a company limited by guarantee?Limited companies can be either limited by shares or by guarantee. A company...
Quorum requirements for general meetings (including AGMs)This Practice Note summarises the law relating to quorum requirements for a company’s general...
Company records—a company's statutory registersThe Companies Act 2006 (CA 2006) requires companies to keep the following statutory registers:•the...
Fiduciary duties of directorsThis Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the...
Share certificatesShares in a company can be issued as certificated shares or uncertificated shares.Shares issued by private companies and unlisted...
In the context of the Listing Rules, an entity, usually a bank, that issues Certificates representing certain securities or Depositary receipts that have been admitted to listing or are the subject of an application for admission to listing.
The principal UK stock exchange for the trading of equity and debt securities. It is a UK Recognised Investment Exchange and operates several markets which include the Main Market (a UK regulated market) and AIM (a UK multilateral trading facility).
A form of statutory merger under the now revoked Cross-Border Mergers Regulations where a transferor company which was a wholly-owned subsidiary transferred all its assets and liabilities to its parent company.