Share Capital structuring
What?
A company’s share capital may be restructured by allotting new shares, consolidation, subdivision, reduction, creating new classes etc.
Why is it important?
A restructure may be required for a number of reasons. For example:
- raising capital;
- creating distributable reserves;
- effecting a buyback of shares;
- to give different rights to different shareholders relating to, say, voting, payment of dividends etc.
How will Claric Legal help
Claric can assist with restructuring by:
- reviewing the existing structure, the company’s Articles of Association and any other relevant documentation;
- drafting appropriate Board minutes;
- drafting appropriate shareholders’ resolutions, purchase contract, and Companies House forms;
- filing the necessary documents at Companies House etc