

Articles of Association: pre-emption (share transfer)
Pre-emption rights on the transfer of shares, giving existing shareholders the right of first refusal on a proposed transfer of issued shares in the company. In the form of standalone paragraphs to be included in the company’s Articles of Association.
Read moreWhen do I use this document?
- for shareholders to have rights of first refusal on a proposed transfer of existing 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
What are the key features?
- general prohibition on share transfers unless otherwise provided in the Articles of Association
- provision for transfers to related parties to be permitted as exceptions to the pre-emption rights
- pre-emption rights offer and acceptance process
What other documents are available?
For pre-emption rights on the issue of new shares, see
When do I use this document?
- for shareholders to have rights of first refusal on a proposed transfer of existing 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
What are the key features?
- general prohibition on share transfers unless otherwise provided in the Articles of Association
- provision for transfers to related parties to be permitted as exceptions to the pre-emption rights
- pre-emption rights offer and acceptance process
What other documents are available?
For pre-emption rights on the issue of new shares, see
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Updated by a lawyer on 12/09/2024
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