ESSUM43000 - Shares to be used: Contents


ESSUM43100Introduction
ESSUM43150Scheme shares
ESSUM43160Declarations from companies
ESSUM43170When requirements must be satisfied
ESSUM43200Status of the company and its’ share capital
ESSUM43210Control of the scheme company
ESSUM43220Control by a consortium
ESSUM43230Ordinary share capital
ESSUM43240Deferred shares
ESSUM43250Convertible preference shares
ESSUM43260Depository receipts
ESSUM43270Swiss Bearer Participation Certificates
ESSUM43280Permanent interest bearing shares
ESSUM43300Company status
ESSUM43310Control by another company
ESSUM43320Recognised Stock Exchange (RSE)
ESSUM43330Close Company
ESSUM43400Normal shares
ESSUM43410Permitted restriction
ESSUM43430Fully paid up shares
ESSUM43440Non-redeemable shares
ESSUM43460No restrictions on scheme shares
ESSUM43470Direct restrictions on scheme shares
ESSUM43475Additional rights conferred on other shareholders
ESSUM43480Directors’ discretionary veto
ESSUM43485Restrictions that attach to all shares
ESSUM43490Employee pre-emption restrictions
ESSUM43500Who must be pre-empted
ESSUM43510Schedule 4 Paragraph 19 (2) (a) (Transfer on cessation of employment)
ESSUM43520Schedule 4 Paragraph 19 (2) (b) (Transfer of shares acquired after cessation of employment)
ESSUM43530Schedule 4 Paragraph 19 (2) (a) & (b) (Compulsory transfer on cessation of employment)
ESSUM43550Terms of the pre-emption
ESSUM43560Schedule 4 Paragraph 19 (3) (a) (Terms on which shares are transferred)
ESSUM43570Schedule 4 Paragraph 19 (3) (b) (General terms for transfer)
ESSUM43580Terms on which others may sell
ESSUM43600General pre-emption provisions
ESSUM43610Transfers exempted from pre-emption
ESSUM43650Non-articles restrictions
ESSUM43660Restrictions on scheme shares
ESSUM43670Insider dealing restrictions
ESSUM43680Statutory restrictions
ESSUM43690Loans to facilitate exercise
ESSUM43700More than one class of share
ESSUM43720Employee control shares
ESSUM43740Open market test
ESSUM43750As a director or employee