When do I use this document? for general business transactions or joint ventures where both parties will disclose confidential information for a shorter form NDA with principal legal protections for the parties What are the key features? 17 paragraphs over 3 pages definitions of Confidential Information and Proposed Transaction confidentiality obligations authorised recipients of Confidential Information circumstances permitting compulsory disclosure procedure for returning Confidential Information to its owner duration of agreement What other documents are available? For a longer form of mutual confidentiality agreement with more extensive protections for the benefit of the disclosing party, see NDA: mutual (long) . For forms of confidentiality agreement where only one party will disclose confidential information see NDA: one way (long) NDA: one way (short)

Articles of Association: pre-emption (share allotment)

Name: Articles of association document - Paper Rock Docs
SKU: ART009.001
Price: 35.00 GBP
Availability: InStock

Pre-emption rights on the allotment of new shares, giving existing shareholders the right of first refusal on a proposed issue of additional shares in the company. In the form of standalone paragraphs to be included in the company’s Articles of Association.

for shareholders to have rights of first refusal on a proposed issue of new shares
for inclusion in the company’s existing Articles of Association
for a private limited company incorporated in England and Wales
in conjunction with a shareholder resolution to amend the Articles of Association – see
- Shareholder resolution – amend Articles of Association

What are the key features?

pre-emption rights offer and acceptance process
provision for pre-emptive rights to be disapplied with the consent of either a specified investor or the holders of not less than 75% of all of the shares in issue
allowance for grant of options and allotment of shares under an employee share scheme
requirement for any new shareholder to adhere to the company’s Shareholders Agreement
ITEPA election wording for shares allotted to directors/employees

What other documents are available?

For pre-emption rights on the transfer of shares, see

Articles of Association – pre-emption (share transfer)

Description

When do I use this document?

for general business transactions or joint ventures
where both parties will disclose confidential information
for a shorter form NDA with principal legal protections for the parties

What are the key features?

17 paragraphs over 3 pages
definitions of Confidential Information and Proposed Transaction
confidentiality obligations
authorised recipients of Confidential Information
circumstances permitting compulsory disclosure
procedure for returning Confidential Information to its owner
duration of agreement

What other documents are available?

For a longer form of mutual confidentiality agreement with more extensive protections for the benefit of the disclosing party, see

NDA: mutual (long).

For forms of confidentiality agreement where only one party will disclose confidential information see

Explanatory Guides

As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.

£35.00 exc VAT

Updated by a lawyer on 30/06/2025

Updated By a lawyer on 05/04/2023

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Articles of Association: pre-emption (share allotment)

When do I use this document?

What are the key features?

What other documents are available?

When do I use this document?

What are the key features?

What other documents are available?

Explanatory Guides

As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.

Create your document in 3 Easy Steps

PaperRock offers affordable, legal document templates, written by experienced and expert lawyers, trusted by businesses across the UK and beyond. No hidden charges or trial sign-ups are required to complete your document.

“I have worked in legal and business affairs for over 25 years and need access to a wide range of corporate and commercial legal precedents. Paperrock is a refreshing source of high-quality legal templates. Superb value for money.”

Amanda | Bannister Creative

“It’s hard to find legal documents on the internet you can really trust. Knowing an expert lawyer has drafted what I need, gives my business the edge and gives me peace of mind.”

Elle, Founder | Winslow skincare & aesthetics.

“As an SME Paperrock saves us the legal fees we’ve previously had to spend. In these challenging times that's a big help. Great products and support.”

Giles, MD | Boniti Ltd.

Articles of Association: pre-emption (share allotment)

When do I use this document?

What are the key features?

What other documents are available?

When do I use this document?

What are the key features?

What other documents are available?

Explanatory Guides

As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.

Related Articles

Create your document in 3 Easy Steps

PaperRock offers affordable, legal document templates, written by experienced and expert lawyers, trusted by businesses across the UK and beyond. No hidden charges or trial sign-ups are required to complete your document.

“I have worked in legal and business affairs for over 25 years and need access to a wide range of corporate and commercial legal precedents. Paperrock is a refreshing source of high-quality legal templates. Superb value for money.”

Amanda | Bannister Creative

“It’s hard to find legal documents on the internet you can really trust. Knowing an expert lawyer has drafted what I need, gives my business the edge and gives me peace of mind.”

Elle, Founder | Winslow skincare & aesthetics.

“As an SME Paperrock saves us the legal fees we’ve previously had to spend. In these challenging times that's a big help. Great products and support.”

Giles, MD | Boniti Ltd.

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