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new class of share

are amended articles of association needed?

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if a company creates a new class of share and details the rights of the shareholding on the allotment, does the company also need to file amended articles of association?

client has allotted new share class with different voting rights, its been accepted at companies house and they have filed an up to date confirmation statement, but have done nothing with the articles

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By jdm5454
27th Jul 2021 16:31

Depends what the current Articles say?

Very old versions probably need changes but not more recent ones , in general.

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By Tax Dragon
28th Jul 2021 10:01

"Accepted at Companies House" is a fairly meaningless phrase - Companies House is not an enforcement agency.

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