¶¶Òõ¶ÌÊÓƵ

💸 Off-market share purchase

An off-market share purchase is a purchase of shares that takes place outside of the stock exchange. This type of purchase is not subject to the same regulations as a purchase made on the stock exchange, and as such, can be completed without disclosure to the public. This type of purchase can be beneficial for both the buyer and the seller, as it can avoid the need to pay fees and commissions associated with a purchase made on the stock exchange.

Note: Working on a legal issue?

💸 Off-market share purchase templates

Private Company Written Resolution For Off-Market Share Buyback

This legal template primarily covers the process and procedures for a private company to carry out an off-market share buyback under UK law. An off-market share buyback refers to the company's repurchase of its own shares from its existing shareholders, which may be different from the normal trading on a stock exchange.

The template is relevant for private companies incorporated in the United Kingdom and provides a written resolution format that can be adopted by the company's directors or shareholders to authorize and execute the buyback process.

The document typically includes the identification of the shareholders willing to sell their shares, the terms and conditions set forth for the buyback, and the specific mechanisms and procedures to be followed. It may also address relevant legal requirements, such as compliance with Companies Act 2006 and other regulations governing share buybacks.

This template acts as a guide to ensure that the company adheres to legal obligations and protects the interests of both the company and its shareholders throughout the buyback process. It ensures transparency and clarity in the decision-making process, and helps mitigate any potential disputes or legal issues that may arise during the buyback transaction.
Read More
TEMPLATE
USED BY
100K
RATINGS
4.5
DISCUSSIONS
10

Associated business activities

Exclusive private equity buyout

An exclusive private equity buyout may be desired when the company wishes to avoid a public bidding process, keep the details of the transaction confidential, and have more control over the transaction and the terms of the deal.

This is some text inside of a div block.

Authorise off-market purchase

An off-market purchase agreement is used to buy shares that are not publicly traded or readily available. This can get the buyer a better price for the shares.

This is some text inside of a div block.

Purchase small business

Purchasing a small business can be appealing for many reasons, including the desire to be one's own boss, a passion for the business' product or service, or confidence in the company's growth potential. Off-market share purchases can be advantageous due to the speedy and discreet transaction, without attracting competitors or inflating the price.

This is some text inside of a div block.

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

See ¶¶Òõ¶ÌÊÓƵ in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

â€

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to:

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

â€