Board minutes: share issue

£35.00 exc VAT

These minutes are for a meeting of the board of directors at which one or more subscriptions for shares in the company will be approved.  They are on the basis that any provisions of the Articles of Association or Shareholders Agreement which either restrict or regulate the allotment of shares in the company have first been complied with.

Read more

Frequently Bought Together

Board minutes: share transfer approval

Board minutes: share transfer approval

These minutes are for a meeting of the board of directors at which the share transfer will be approved in a private limited company.  They are on the basis that any provisions of the Articles of Association or Shareholders Agreement which either restrict or regulate the transfer of shares in the company have first been complied with.

 

 

Shareholder resolutions: authority to allot/pre-emption disapplication

Shareholder resolution to grant directors general authority to allot shares and to disapply statutory pre-emption rights.

Deed of Adherence: share issue

This Deed of Adherence is for a new shareholder who has subscribed for shares in the company to agree to become bound by the existing Shareholders Agreement of the company.  It is in the form of a Deed between the new shareholder and the company.  

Board minutes: share issue – subscription for shares

Minutes of a meeting of the board of directors of a company to approve the subscription for shares in the company

Background

The allotment of shares in a company must be approved by resolution of the directors.

About these Board minutes

These minutes are for a meeting of the board of directors at which one or more subscriptions for shares in the company will be approved.  They are on the basis that any provisions of the Articles of Association or Shareholders Agreement which either restrict or regulate the allotment of shares in the company have first been complied with.

In order to approve the allotment, the board will require to be delivered to the directors a written subscription for shares from each subscriber.

An allotment of shares may result in a change to the identity of shareholders who are registered on the company’s people with significant control (PSC) Register.  The board minutes provide for the subscriber of shares to become a PSC in relation to the company and for the subscriber to notify the company in writing to this effect.

Document features

Features include:

  • Declaration of director’s interest (if applicable)
  • Resolutions (subject to receipt of subscription monies)
    • to approve share allotment
    • to authorise new share certificate(s)
    • to update PSC Register
    • to make Companies House filings

Explanatory guidance

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

All Paper Rock legal templates are written by highly qualified English lawyers that are currently practising in the field of commercial and corporate law. The templates you download here reflect the same quality as if you’d instructed our lawyers to draft them for you. They also write all our document descriptions so you can rest assured every bit of information is legally accurate up to date.

Whatever your method of purchase, there is no limit to the number of times you can download your templates. However, many customers prefer to invest in an annual subscription. This offers exceptional value with unlimited downloads from our entire document library.

The Paper Rock team is available to answer questions via Live Chat during UK business hours. When live chat is unavailable, email support@paperrock.com. We aim to respond to your emails within a 24-hour period. We also encourage you to ask questions via our social channels. 

Shopping Basket