Allotment, issue and pre-emption

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Practice notes
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Practice notes
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Practice notes
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Practice notes
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Practice notes
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Practice notes
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Most recent Allotment, issue and pre-emption content

Precedents
Board minutes—IPO—AIM—approving allotment of sharesCompany number: [insert number][insert company name] PLCMinutes of a meeting of the [committee of...
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5th Jun
Practice notes
Pre-emption rights—penaltiesA pre-emption right is a right of first refusal to purchase shares, given to an existing holder of ordinary shares on an...
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5th Jun
Practice notes
Allotment and issue of shares—introductory pointsThe allotment of shares and issue of shares is governed by statute and the applicable statutory...
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5th Jun
Practice notes
Allotment of subscriber sharesUnder the Companies Act 2006 (CA 2006), a company is formed when one or more persons:•subscribe their names to a...
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5th Jun
Precedents
Resolution—authority to allot shares under CA 2006, s 550 (private company with one class of shares, incorporated under CA 1985)Ordinary resolution...
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5th Jun
Precedents
Resolution—disapplying pre-emption rights—specific authority to allot shares (listed company)SPECIAL RESOLUTIONTHAT if [insert reference to the...
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5th Jun
Practice notes
Share capital—glossary of termsAAIMA securities market owned and operated by the London Stock Exchange plc, with lighter entry requirements and...
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5th Jun
Precedents
Resolution—granting general or specific authority to allot shares (listed company)ORDINARY RESOLUTIONTHAT the directors be [specifically authorised to...
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5th Jun
Practice notes
Allotment and issue of shares—private companies with more than one class of share and public unlisted companiesThe allotment and issue of shares is...
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5th Jun
Precedents
Special resolution disapplying pre-emption rights under s 569 CA 2006 (private company with only one class of shares)Company number: [insert...
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5th Jun
Practice notes
Allotment and issue of shares—listed companiesThe allotment and issue of shares is governed by statutory rules, which differ according to the type of...
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5th Jun
Practice notes
Pre-emption rights—general issuesThe Companies Act 2006 (CA 2006) gives existing shareholders of companies a right of pre-emption by providing that a...
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5th Jun
Practice notes
Changes in share capital—accounting treatmentIt is a fundamental rule of English company law that a limited company having a share capital must...
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5th Jun
Precedents
Article of association giving authority to allot shares under CA 2006, s 551 (private company/public unlisted company)1Authority to allot shares—no...
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5th Jun
Practice notes
Issue of redeemable sharesA limited company that proposes to issue redeemable shares must comply with the provisions of the Companies Act 2006 (CA...
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5th Jun
Practice notes
Pre-emption rights—listed companiesCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, the Pre-Emption Group published a statement...
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5th Jun
Practice notes
Pre-emption rights—private companies with more than one class of shares and public unlisted companiesThe Companies Act 2006 (CA 2006) gives existing...
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5th Jun
Practice notes
Notifying changes in share capital to Companies House—statement of capitalCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some...
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