Point in time view as at 31/12/2020.
Companies Act 2006, Section 574 is up to date with all changes known to be in force on or before 05 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)In this Chapter, in relation to an offer to allot securities required by—
(a)section 561 (existing shareholders' right of pre-emption), or
(b)any provision to which section 568 applies (articles conferring corresponding right),
a reference (however expressed) to the holder of shares of any description is to whoever was the holder of shares of that description at the close of business on a date to be specified in the offer.
(2)The specified date must fall within the period of 28 days immediately before the date of the offer.
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