574 References to holder of shares in relation to offer
574 References to holder of shares in relation to offer
Companies Act 2006 | Legislation

(1)     In this Chapter, in relation to an offer to allot securities required by—

(a)     section 561 (existing shareholders' right of pre-emption), or

(b)     any provision to which section 568 applies (articles conferring corresponding right),

a reference (however expressed) to the holder of shares of any description is to whoever was the holder of shares of that description at the close of business on a date to be specified in the offer.

(2)     The specified date must fall within the period of 28 days immediately before the date of the offer.

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