Part 17

A company's share capital
Chapter 1

Shares and share capital of a company

Shares

Numbering of shares
543
1
Each share in a company having a share capital must be distinguished by its appropriate number, except in the following circumstances.
2
If at any time—
a
all the issued shares in a company are fully paid up and rank pari passu for all purposes, or
b
all the issued shares of a particular class in a company are fully paid up and rank pari passu for all purposes,
none of those shares need thereafter have a distinguishing number so long as it remains fully paid up and ranks pari passu for all purposes with all shares of the same class for the time being issued and fully paid up.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2
Pts. 1-39 modified (31.12.2020) by Regulation (EC) No. 2157/2001, Art. AAA1(3) (as inserted by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 97 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1))