Remedy
Start free

Section 574: References to holder of shares in relation to offer

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 17: A company's share capital — Chapter 3: Allotment of equity securities: existing shareholders' right of pre-emption

In this Chapter, in relation to an offer to allot securities required by—

section 561 (existing shareholders' right of pre-emption), or
any provision to which section 568 applies (articles conferring corresponding right),

a reference (however expressed) to the holder of shares of any description is to whoever was the holder of shares of that description at the close of business on a date to be specified in the offer.

The specified date must fall within the period of 28 days immediately before the date of the offer.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.