Publisher's Synopsis
This work provides guidance on how to conduct a share valuation exercise in practice, and discusses all the various factors and case law surrounding the subject. It seeks to present the broad techniques involved and looks at the many occasions - death of a shareholder, corporate restructuring, flotations, demergers, management buy-outs, selling companies, employees share schemes, estate planning and matrimonial proceedings - which can give rise to the need for a valuation.;This edition includes the most recent valuation cases, coverage of enterprise investment schemes, venture capital trusts and reinvestment in shares relief, a new appendix on the Alternative Investment Market, expanded commentary on share options and warrants, Special Commissioners' decisions, the valuation of deferred shares, and provisions of the Finance Acts 1994 and 1995.
