We will be closing from midday on Tuesday 24 December 2024 and will reopen as normal Thursday 2 January 2025. Wishing you all the very best for the festive season and a happy and prosperous 2025!
We worked with a communications agency based in London in preparing new articles of association for them. The company had alphabet shares and the scheme/new articles required further classes of shares, which we issued. These were designated as ‘hurdle shares’ to participate in the capital value above a designated threshold.
The new shares were offered to an executive director of the company as a reward through dividends and an incentive of the capital value. These were allotted shares worth 7.5% of the issued share capital of the company.