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Section 930: No allotment of shares to transferor company or its nominee (division)

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

Part 27: Mergers and divisions of public companies — Chapter 3: Division

The scheme must not provide for any shares in a transferee company to be allotted to—

the transferor company (or its nominee) in respect of shares in the transferor company held by the transferor company itself (or its nominee); or
a transferee company (or its nominee) in respect of shares in the transferor company held by the transferee company (or its nominee).

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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.