http://www.legislation.gov.uk/ukpga/Geo6/11-12/38/section/73/enacted
Companies Act 1948
Companies
Business practice and regulation
Allotments
King's Printer of Acts of Parliament
2023-05-18
PART IIShare Capital and Debentures.
Transfer of Shares and Debentures, Evidence of Title, &c.
73Nature of shares.
The shares or other interest of any member in a company shall be personal estate, transferable in manner provided by the articles of the company, and shall not be of the nature of real estate.