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United Kingdom · Question · Written question

UIN 126049

Shares: Regulation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 April 2026

Last action

20 April 2026 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

20 April 2026

Summary

To ask the Secretary of State for Business and Trade, what assessment his Department has made of regulatory or legislative measures to prevent private companies from unreasonably blocking the transfer of vested shares held by former employees.

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Timeline

  1. 10 April 2026

    Written question

    To ask the Secretary of State for Business and Trade, what assessment his Department has made of regulatory or legislative measures to prevent private companies from unreasonably blocking the transfer of vested shares held by former employees.

    Source: Commons

  2. 20 April 2026

    Answer

    Section 771 of the Companies Act 2006 requires companies to register a share transfer or provide reasons to the transferee for not doing so. Private companies’ articles of association, which must be approved by shareholders, may include provisions coverin...

    Source: Written answer

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