Section 570 General Meeting Notice To Disapply Pre-Emption Rights On Secondary Share Issues
Publisher one
Genie AIJurisdiction
England and WalesRelevant sectors
Type of legal document
💴 Notice of meetingBusiness activity
Allot shares and pre-emption rightsA notice of meeting is a formal notice that is given to shareholders of a company to inform them of an upcoming meeting. The notice will include the date, time, and location of the meeting, as well as the agenda for the meeting. The notice of meeting is required by law in order to give shareholders sufficient time to prepare for the meeting and to make any necessary arrangements to attend.
In the context of corporate governance, pre-emption rights grant existing shareholders the opportunity to purchase additional shares in proportion to their current ownership percentage, thereby maintaining their proportional ownership in the company. However, in certain circumstances, a company may need to raise funds by issuing shares to new investors or existing shareholders without providing them with pre-emption rights.
This legal template is designed to provide a framework for the company to notify its shareholders of its intention to disapply pre-emption rights for secondary share issues. It details the specific requirements and procedures that must be followed in accordance with UK law and the company's articles of association.
The template may include key information such as the purpose and rationale for disapplying pre-emption rights, the proposed share issue size or value, the duration of disapplication, any limitations or restrictions, and the relevant statutory provisions supporting the decision. It may also outline the process for convening a general meeting of shareholders, including the notice period and the voting requirements for approving the proposed resolution to disapply pre-emption rights.
Furthermore, the template may incorporate additional clauses and provisions that align with the company's unique circumstances, such as any exemptions or conditions that may be applicable. It should be prepared by a legal professional or an individual with a comprehensive understanding of company law in the UK, ensuring compliance with all relevant regulations and ensuring the fair treatment of shareholders in the decision-making process.
Ultimately, this legal template aims to provide a clear and legally binding framework for notifying shareholders about the company's intention to disapply pre-emption rights on future secondary share issues, fostering transparency, and allowing shareholders to exercise their right to vote on such matters.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Website Acceptable Use Policy (aup)
Publisher
Genie AIJurisdiction
England and WalesVoluntary employee vaccination policy (Covid-19)
Description:
This legal template aims to provide guidance and establish a voluntary employee vaccination policy specifically tailored to the context of the Covid-19 pandemic, operating within the legal framework of the United Kingdom. As the country continues to combat the spread of the virus and mitigate its impact on public health, this policy template assists employers in formulating a comprehensive framework to encourage and facilitate employee vaccinations, while respecting individual rights and regulations.
The template consists of various essential elements to address the unique challenges presented by Covid-19 vaccination in the workplace. It helps employers establish a policy that ensures compliance with UK law, strikes a balance between promoting a safe working environment and safeguarding individual rights, and enables employers to tailor their own specific requirements, accommodating the needs of their organization.
The policy template includes guidelines on various aspects, such as:
1. Objective and Scope: Clearly defining the purpose and scope of the policy to ensure employees understand its intentions and applicability.
2. Vaccination Promotion: Outlining strategies to encourage vaccination uptake among employees, including awareness campaigns, educational initiatives, and the provision of credible information on the benefits of vaccination.
3. Voluntary Nature of Vaccination: Acknowledging the voluntary nature of vaccination and emphasizing that employees have the right to make their own decisions regarding their health while ensuring clear communication on the importance of vaccination for public health and workplace safety.
4. Disclosure and Confidentiality: Establishing mechanisms for employees to voluntarily disclose their vaccination status, addressing concerns related to privacy, confidentiality, and data protection within the bounds of applicable UK laws.
5. Accommodating Non-Vaccinated Employees: Determining measures to accommodate non-vaccinated employees to ensure their safety and safeguard their rights, such as remote work, social distancing, or additional protective measures.
6. Workplace Health and Safety: Outlining relevant health and safety protocols, along with workplace-specific guidelines, to ensure a safe working environment for all employees, regardless of vaccination status.
7. Discrimination and Equal Treatment: Prohibiting discrimination or adverse treatment against individuals based on their vaccination status, ensuring equitable access to employment benefits and opportunities.
8. Updating the Policy: Establishing a mechanism for policy review and revision to accommodate any changes in government regulations, scientific guidance, or emerging best practices related to Covid-19 and vaccinations.
Please note that this legal template serves as a starting point to create a personalized employee vaccination policy that aligns with UK law. It is crucial to seek professional legal advice to ensure compliance with current legislation and to customize the policy to suit individual organizational requirements.
Publisher
Genie AIJurisdiction
England and WalesWorkplace Mediation Settlement Agreement With Personal Development Plan
The template will likely include sections that provide details about the nature of the dispute, the parties involved, and the agreement reached through the mediation process. It may also outline the terms and conditions of the agreement, such as any financial compensation, changes in employment terms, or structural adjustments.
Additionally, the template may include provisions for a Personal Development Plan (PDP) to be implemented as part of the settlement. The PDP would likely outline specific actions and goals agreed upon by both parties to facilitate the employee's personal growth, professional development, and potential remedial actions to address any concerns raised during the mediation process.
Under UK law, the legal template would adhere to employment regulations and aim to protect the rights and interests of both parties involved. It would likely cover various aspects like confidentiality, non-disclosure, dispute resolution mechanisms, and the enforceability of the settlement agreement.
Overall, this legal template provides a structured framework for documenting the resolution of workplace conflicts through mediation and ensuring parties' compliance with their agreed-upon terms moving forward.