561 Existing shareholders' right of pre-emption
Companies Act 2006 (2006 c 46) | Legislation

Existing shareholders' right of pre-emption

561  Existing shareholders' right of pre-emption

(1)     A company must not allot equity securities to a person on any terms unless—

(a)     it has made an offer to each person who holds ordinary shares in the company to allot to him on the same or more favourable terms a proportion of those securities

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