# Companies Act 2006, Section 564: Exception to pre-emption right: bonus shares


Section 561(1) (existing shareholders' right of pre-emption) does not apply in relation to the allotment of bonus shares.

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Source: https://www.legislation.gov.uk/ukpga/2006/46/section/564 (the official version)
Page: https://openlegislation.uk/companies-act-2006/section-564
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.