21 September 2009
21 September 2009
The following topics are covered in this issue. Click on the links in the right hand column to read the individual articles or download the entire issue as a PDF.
Recording share premium on a statement of capital
ICSA has identified a concern with the information to be provided by companies in the new statement of capital.
Takeover Code – a barrier to shareholder activism?
The Takeover Panel has addressed concerns that the Code could constrain shareholder activism by triggering its mandatory offer provisions.
Euro equivalent of authorised minimum reduced
New Regulations prescribe a new euro equivalent for a public company’s authorised minimum share capital.
Inadvertent extension of disclosure obligations reversed
The definition of connected person for the purposes of disclosure requirements for PDMRs has been clarified.
No stamp duty when repurchasing overseas branch shares
HM Revenue & Customs has issued a statement about stamp duty on a repurchase of shares on an overseas branch register.
Companies House service availability
Companies House has announced that some of its services may close early on Friday 2 October.