The Companies Act 2006 sets out various rights for shareholders, depending on the percentage of shares held. However, the Companies Act does not deal with all eventualities that may face shareholders of a company, so we would always advise shareholders to agree, in writing, their rights, obligations and what is to happen in certain events.
How can we help?
Issues we can address in a shareholders’ agreement include:
- Restrictions on the transfer of shares
- Compulsory share transfer events
- Appointment and removal of directors
- Decision making
- Dividend policies
- Post termination restrictions
- Deadlock provisions