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Section 989: Convertible securities

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

Part 28: Takeovers etc — Chapter 3: "Squeeze-out" and "Sell-out"

Subsection (1) is not to be read as requiring any securities to be treated—

as shares of the same class as those into which they are convertible or for which the holder is entitled to subscribe, or
as shares of the same class as other securities by reason only that the shares into which they are convertible or for which the holder is entitled to subscribe are of the same class.

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