Paragraph 51 Share capital and debentures

England, Wales and Scotland

(1)

The following information shall be given with respect to the company’s share capital:

(a)

the authorised share capital; and

(b)

where shares of more than one class have been allotted, the number and aggregate nominal value of shares of each class allotted.

(2)

In the case of any part of the allotted share capital that consists of redeemable shares, the following information shall be given:

(a)

the earliest and latest dates on which the company has power to redeem those shares;

(b)

whether those shares must be redeemed in any event or are liable to be redeemed at the option of the company or of the shareholder; and

(c)

whether any (and, if so, what) premium is payable on redemption.

Notes on Schedule 9

F1: Sch. 9 repealed (6.4.2008) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/3495, art. 8(a), Sch. 2 Pt. 1 (with arts. 7, 12); Sch. 9 para. 3(4)(5) and certain words in Sch. 9 para. 3(3)(a) are expressed to be repealed (6.4.2008 with effect as stated in Sch. 1 para. 91(2) of the amending S.I.) by S.I. 2008/948, arts. 2(1), 3, Sch. 1 para. 90(1), Sch. 2 (with arts. 6, 11, 12)

F1: Sch. 9 Pt. I paras. 1-87 inserted (2.12.1991) by S.I. 1991/2705, regs. 5(4), 9, Sch. 1

C1: Sch. 9 Pt. I modified (coming into force in accordance with s. 3 of the amending Act) by 1999 c. iv, ss. 3, 7(6)
C2: Sch. 9 Pt. 1 extended (24.6.2003) by The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633), reg. 15, Sch. 2 para. 2(e)