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share

      1. (1) (except in COLL, UKLR, DTR, REC, SUP 11 (Controllers and close links) and SUP 16 (Reporting requirements)) the investment, specified in article 76 of the Regulated Activities Order (Shares etc), which is in summary: a share or stock in the share capital of:
        1. (a) any body corporate (wherever incorporated);
        1. (b) any unincorporated body constituted under the law of a country or territory outside the United Kingdom.
      1. (2) (in COLL ):
        1. (a) (in relation to an ICVC) a share in the ICVC (including both smaller denomination shares and larger denomination shares);
        1. (b) (otherwise) an investment within (1).
      1. (3) (in DTR and UKLR, and in FEES where relevant to DTR or UKLR ) (in accordance with section 540(1) of the Companies Act 2006 ) a share in the share capital of a company, and includes:
        1. (a) stock (except where a distinction between shares and stock is express or implied);
        1. (b) preference shares; and
        1. (c) in chapters 4, 5, 6 and 7 of DTR a convertible share.
      1. (4) (in REC) shares admitted to trading on a regulated market.
      1. (5) (in SUP 11 (Controllers and close links) and SUP 16 (Reporting requirements)) (in accordance with section 422 of the Act):
        1. (a) in relation to an undertaking with share capital, allotted shares;
        1. (b) in relation to an undertaking with capital but no share capital, rights to share in the capital of the undertaking;
        1. (c) in relation to an undertaking without capital, interests:
          1. (i) conferring any right to share in the profits, or liability to contribute to the losses, of the undertaking; or
          1. (ii) giving rise to an obligation to contribute to the debts or expenses of the undertaking in the event of a winding up.
Glossary Related Taxonomy Legal Instruments