4.3.1 An introduction to convertible securities

The rules on convertible securities in ITEPA 2003, Pt. 7, Chapter 3 are intended to capture the situation where an employee acquires securities of one type, that are converted into another, more valuable type.

Common examples of convertible securities would be some types of loan notes and preference shares, which give their holder the right to convert them into ordinary shares.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.