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Course: Understanding the Valuation Process - Valuation in Articles of Association and Agreements
Code: LP03_C25
Duration: 1 hour
CPD Credit: 1 CPD Point

The creation and treatment of preference shares and all other types of shares are credited to provisions in Articles of Association and Agreements. However, the rights and privileges of shares are often affected by the presence or absence of these provisions.

This Course, Valuation in Articles of Association and Agreements, deals with the nature of preference shares and how the provisions in Articles of Association affect their valuation. It consists of one Lesson on Preference Shares and Provisions in Articles. This Lesson on Preference Shares and Provisions in Articles consists of three Sections.

In the first Section, you will learn how:
  • Clarity of wording can affect valuation

  • Amendments in Articles of Association affect valuation

In the second Section, you will learn about:
  • The rights attached to preference shares

  • How those rights affect valuation

In the third Section, you will learn about:
  • The significance and use of wording to ensure a fair valuation and interpretation


Jenny Nelder

Jenny Nelder, BA, FCA, ATII, a Chartered Accountant specializing in Business and Share Valuations. Jenny has extensive experience in lecturing to lawyers and other professionals. She is a partner in Bruce Sutherland & Co in Cotswolds, England.

Bruce Sutherland & Company

Bruce Sutherland & Company can be contacted via telephone number (0160) 865-1091, or at Moreton House in Marsh, Gloucestershire GL56 OLH. Or, contact Ms. Nelder via email at: jenny.nelder@brucesutherland.com

Hong Ng

Hong Ng, BSc(Eng), ACA, FHKSA, CPA, is a member of The Institute of Chartered Accountants in England & Wales, specializing in auditing, financial reporting and business valuation. He first joined the UK member firm of Horwath International in 1981 and is now a director of Horwath Hong Kong CPA Limited.

Horwath Hong Kong CPA Limited

Horwath Hong Kong CPA Limited can be contacted via telephone number 2526-2191, or at 2001 Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. Mr. Hong Ng can be contacted via e-mail at hong.ng@horwathcpa.com.hk.

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