ΠΕΡΙΓΡΑΦΗ

This course delves into the complexities of the classes of shares under the Companies Law, Cap. 113, of Cyprus. It offers a thorough exploration of how shares can be structured in different classes with varying rights and privileges, and the impact of these structures on corporate governance and shareholder relations. The course will enable students to understand and apply the legal frameworks to real-world scenarios involving share classification and rights variation.

Learning Outcomes

• Upon successful completion of this course, students will be able to:
• Articulate the definitions and characteristics of different share classes.
• Draft and review documents pertaining to the creation and variation of share classes.
• Strategically advise on the structuring and restructuring of share classes in corporate settings.
• Navigate the regulatory and compliance aspects affecting share classes in Cyprus.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

By the end of this course, students will:

• Acquire detailed knowledge of the legal bases for various classes of shares as per Cyprus law.
• Differentiate between ordinary, preference, redeemable, and non-voting shares and their specific rights and privileges.
• Understand the procedural steps and legal considerations for creating and varying share classes.
• Evaluate the implications of share class structures on corporate strategies and compliance with regulatory frameworks.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

• Law students
• Legal practitioners
• Corporate advisors
• Corporate administrators
• Compliance officers
• Financial analysts interested in specializing in corporate law, specifically in the area of corporate finance and securities regulation as practiced in Cyprus
• Auditors
• Insolvency practitioners

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Course Content

1. Definitions and key concepts of share classification

2. Classes of shares and their rights some text

• Ordinary
• Preference
• Redeemable
• Non-voting
• Specific rights attached to shares

3. Creating share classes some text

• Amendment of articles of association
• Issuing new shares
• Other ways to create classes of shares

4. Variation of class rights some text

• Legal framework for varying class rights
• Procedures
• Rights of shareholders and legal remedies

5. Case studies and practical application