ESSUM33000 - Shares to which schemes can apply: Contents


ESSUM33100Introduction
ESSUM33150Scheme shares
ESSUM33160Declarations from companies
ESSUM33170When requirements must be satisfied
ESSUM33200Status of the company and its’ share capital
ESSUM33210Control of the scheme company
ESSUM33220Control by a consortium
ESSUM33230Ordinary share capital
ESSUM33240Deferred shares
ESSUM33250Convertible preference shares
ESSUM33260Depository receipts
ESSUM33270Swiss Bearer Participation Certificates
ESSUM33280Permanent Interest Bearing Shares (PIBs)
ESSUM33300Company status
ESSUM33310Control by another company
ESSUM33320Recognised Stock Exchange (RSE)
ESSUM33330Close Company
ESSUM33400Normal shares
ESSUM33410Permitted restriction
ESSUM33430Fully paid up shares
ESSUM33440Non-redeemable shares
ESSUM33460No restrictions on scheme shares
ESSUM33470Direct restrictions on scheme shares
ESSUM33475Additional rights conferred on other shareholders
ESSUM33480Directors’ discretionary veto
ESSUM33485Restrictions that attach to all shares
ESSUM33490Employee pre-emption restrictions
ESSUM33500Who must be pre-empted
ESSUM33510Schedule 3 Paragraph 21 (2) (a)
ESSUM33520Schedule 3 Paragraph 21 (2) (b)
ESSUM33530Schedule 3 Paragraph 21 (2) (a) & (b)
ESSUM33550Terms of the pre-emption
ESSUM33560Schedule 3 Paragraph 21 (3) (a)
ESSUM33570Schedule 3 Paragraph 21 (3) (b)
ESSUM33580Terms on which others may sell
ESSUM33600General pre-emption provisions
ESSUM33610Transfers exempted from pre-emption
ESSUM33650Non-articles restrictions
ESSUM33660Restrictions on scheme shares
ESSUM33670Insider dealing restrictions
ESSUM33680Statutory restrictions
ESSUM33690Loans to facilitate exercise
ESSUM33700More than one class of share
ESSUM33720Employee control shares
ESSUM33740Open market test
ESSUM33750As a director or employee