Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Share Capital definition

What does Share Capital mean? In practice, share capital is the equity a company raises by issuing shares to its members. It records the nominal (par) value of shares allotted since incorporation and underpins shareholder rights, pre-emption on new issues, distributions and capital maintenance. Across England & Wales, Scotland and Northern Ireland (Companies Act 2006) and Ireland (Companies Act 2014), “share capital” is a widely used statutory and accounting term rather than a single defined expression. Key features include: - Issued (allotted) share capital is stated at nominal value and is distinct from any share premium. - On the balance sheet it appears as called-up...

UK share capital and securities—glossary for corporate lawyers (Companies Act 2006, FCA Listing Rules, DTRs, MAR, corporate actions and governance)

Published by a LexisNexis Corporate expert

Practice notes

A

AIM

A market for securities run by london stock exchange plc, featuring lighter admission criteria and ongoing obligations than the main regulated markets. Formerly the Alternative Investment Market, it is now referred to simply as AIM.

AIM company

A company with a class of its shares traded on AIM.

Acquisition accounting

An accounting method whereby the acquirer recognises the acquired assets and liabilities on its balance sheet at the acquisition date, with any difference between the consideration paid and the fair value of the net assets acquired recorded as purchased goodwill.

Allotment

Shares are treated as allotted when a person obtains the unconditional right to be entered in the company’s register of members in respect of those shares (Companies Act 2006, s 558). Allotment is then followed by the issue of the shares.

Allotment authority

The authority under CA 2006, ss 549–551 enabling the directors to allot shares in the company, or to grant rights to subscribe for, or to convert any security into, shares in the company. In a private company with a single class of shares, the directors may allot unless the articles of association prohibit this...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Web page updated on 22/05/2026

Popular documents

Using the Judicial College Guidelines to assess general damages in personal injury claims

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Tomlin orders in England and Wales: CPR guidance on drafting, confidentiality, approval, variation, enforcement, limitation, CCA issues, court-specific requirements, sample wording and precedents

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Precedent: Deed of Surrender of Lease with Optional Premium, Settlement and Release, Landlord, Mortgagee and Guarantor Consents, Reimbursement and HM Land Registry Provisions (England and Wales)

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Precedent Statutory Declaration: Standard Wording under the Statutory Declarations Act 1835

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...