Shares and Share Capital
Duration
This is a three hour training session, qualifying for 3 CPD hours.
Objectives
The objectives of the training session are to enable participants to:
- Understand the changes that will be introduced by the Companies Act 2006 in relation to shares and share capital
- Be able to apply the new law to the allotment and issue of shares including ordinary, preference, bonus and other classes of shares
- Understand the amended law and procedure relating to the redenomination of shares and the reduction and acquisition of share capital
- Understand the key considerations contained in the Companies Act in relation to raising equity capital
- Identify and assess the impact of the new provisions relating to share buybacks
- Consider the impact of the removal of the prohibition on a private company giving financial assistance for the acquisition of its own shares
- Understand the rules relating to the valuation of the distribution of a non-cash asset
- Gain an understanding of the overall practical impact of the Act