Section 629: Classes of shares

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

Part 17: A company's share capital — Chapter 9: Classes of share and class rights

For the purposes of the Companies Acts shares are of one class if the rights attached to them are in all respects uniform.

For this purpose the rights attached to shares are not regarded as different from those attached to other shares by reason only that they do not carry the same rights to dividends in the twelve months immediately following their allotment.

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