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tabling member constituency	Vale of Glamorgan
uin	21982

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1701327

registered interest

date

16/04/2024

answering body

Department for Business and Trade

answering dept id

214

answering dept short name

Business and Trade

answering dept sort name

Business and Trade

hansard heading

Companies: Recruitment

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for Business and Trade, if she will make an assessment of the potential impact of restrictions on equity dilution on the capacity of fast growing companies to recruit.

tabling member constituency

Vale of Glamorgan

tabling member printed

Alun Cairns

uin

21982

answer

is ministerial correction

date of answer

23/04/2024

answer text

<p>Share awards can provide an important recruitment incentive and help align employee interests with those of the company. UK company law permits the allotment of shares for employee share schemes without applying the pre-emption provisions that otherwise require newly issued shares to be offered to existing shareholders first to avoid equity dilution. The Financial Conduct Authority’s Listing Rules require shareholder approval of employee share schemes while allowing companies in unusual circumstances to allot shares to retain or recruit a director without such prior approval.</p>

answering member constituency

Thirsk and Malton

answering member printed

Kevin Hollinrake

question first answered

23/04/2024 14:27:06

answering member

4474

	label	Biography information for Kevin Hollinrake

tabling member

4086

	label	Biography information for Alun Cairns