Ownership of shares can be an excellent way of rewarding your company’s key individuals or raising much needed finance. However attractive share options might be, it’s important to protect your interests. Once your shares belong to someone else, the company articles of association need to be updated. This ensures you are protected against those shares being sold and can safeguard their transfer back to you in the future.
Your company’s articles of association regulate how your company operates and describe the relationship between the shareholders, which makes them an essential tool in minimising risks and protecting your position. We will invest the time to understand your business and your long-term goals so that the draft articles of association balance your needs alongside those of the shareholders. You may also benefit by considering a shareholders’ agreement to enhance the articles of association.