This area covers how a company sets up and changes its share capital, including issuing new shares, dealing with share allotments, and transferring ownership of shares. A solicitor in this field drafts and negotiates share issue documents, updates the company’s share register, and handles the necessary filings with Companies House. They also advise on related matters such as share certificates, option and EMI schemes, and share buybacks, ensuring compliance and accurate record-keeping.
What a solicitor handles in these matters
The solicitor handles the specific mechanics of issuing and transferring shares, including drafting allotment resolutions, updating the share register, producing or replacing share certificates, and coordinating with Companies House. They manage share transfer forms, stamp duties where applicable, and ensure proper board and shareholder approvals. They may oversee complexities arising from new share classes, restrictions on transfers, pre-emption rights, and related regulatory compliance.