# The Small Companies and Groups (Accounts and Directors’ Report) Regulations 2008, Paragraph 9: Meaning of “shares” and “share option” and related expressions


In this Schedule—
(a) “shares” means shares (whether allotted or not) in the company, or any undertaking which is a group undertaking in relation to the company, and includes a share warrant as defined by section 779(1) of the 2006 Act; and
(b) “share option” means a right to acquire shares.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110806426/schedule/3/paragraph/9 (the official version)
Page: https://openlegislation.uk/draft-small-companies-and-groups-accounts-and-directors-report-regulations-2008/schedule-3/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.