Abstract

Paper Series IV is the centrepiece of this Paper Series that evaluate the new Companies and Allied Matters Act 2020 and its innovations and the implications they have for corporate finance and securities transactions, given that it considers company’s securities, which are the financial instruments traded or exchanged or hedged in virtually all finance and securities transactions. Company’s securities are the basis or the foundation of every company with shares. Securities include shares, debentures, debenture stock, bonds, notes (other than promissory notes) and units under a unit trust scheme. This Paper Series IV(A) discusses Company’s Securities, particularly in respect of shares, share capital, disclosure of person with significant control and shares transactions.

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