LEES, a member of The Corporate Finance Network with offices in Norwich, London, and Hampshire has advised the shareholder of a Glazing and installations company on its reorganisation of shares to facilitate a retirement. 

A company wished to rationalise its ownership and Board of Directors and facilitate the retirement/exit of a shareholder. LEES advised the company on structuring a deal to buyout the shareholder and ensure the transaction was tax effective. LEES prepared a valuation to negotiate with the outgoing shareholder and once an agreement was reached, applied for tax clearances from HMRC. We then liaised with solicitors to ensure that the Company Purchase of Own Shares was completed in accordance with the detailed requirements.

The deal was completed successfully to meet the company’s objectives, and ensure the outgoing shareholder’s exit was facilitated tax effectively.

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Categories: Deals


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