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Articles of Association

How To Carry Out A Private Company Pre-Emptive Open Offer

September 30

How a company can raise additional funds and issue new shares by carrying out a pre-emptive open offer to the existing shareholders before any remaining balance are offered to new investors.

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Tags: Articles of Association, Open Offer, Pre-emption Rights, Shareholders


Venture Capital and SEIS and EIS Angel Equity Investment Legal Terms

June 15

A guide to common UK legal terms and concepts relating to raising VC and angel equity investment.

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Tags: Angel Investment, Anti-Dilution, Articles of Association, Bad Leaver, Board Observer, Company Law, Compliance Statement, Disclosure, Drag Along Rights, EIS, EMI Options, Good Leaver, Heads of Terms, Information Memorandum, Liquidation Preference, Loan Notes, Pre-emption Rights, Ratchet, Reserved Matters, Seed Funding, SEIS, Series A, Shareholders Agreement, Startups, Subscription Agreement, Term Sheet, Vesting


How to allot and issue new shares in a UK limited company

March 15

A straightforward guide to issuing new shares in a UK company.

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Tags: Angel Investment, Articles of Association, Companies House, Company Law, Corporate Law, directors, Law, Pre-emption Rights, shareholder agreements, shares




Happy customers

Extremely professional and fast service! Simon Brooks is an extremely smart lawyer getting stuff done effectively! A very good partner for fast pace startups!
Robin Brohl
09:44 09 Oct 20
Jonathan Lea Network's stellar performance in supporting a complex EIS application to its successful conclusion has been much appreciated. Would certainly recommend.
Paul Goodale
11:00 03 Oct 19
The entire team at The Jonathan Lea Network are excellent. Super efficient, knowledgeable and great to work with. I worked with Simon most closely, who made our EIS Assurance an easy process, ensuring every detail was taken care of. Would highly recommend the team to anyone.
Stuart McClure
09:29 30 Oct 20
Our company recently received advance assurance for EIS/SEIS from HMRC after working with the Jonathan Lea Network for the application process. We specifically chose JLN due to them having had specific experience with our niche (film and TV production company), and working with Callum Ritchie we received approval in a relatively short timeframe considering the challenges of 2020. Through detailed and succinct correspondence we were successful after just one exchange of follow-up questions with HMRC, and we would definitely recommend these guys for anyone else seeking EIS/SEIS assurance, especially with the specific challenges presented by being a film/TV production company.
David Groom
22:15 16 Dec 20
Fantastic experience. I approached Jonathan and his team to assist me with a now successful SEIS/EIS application. They were incredibly helpful and informative throughout the process, and I certainly wouldn't have got there without them. Would definitely recommend them and use them again myself going forward!
Simon Pearce
12:15 29 Sep 19
Professional to the core and very safe hands. Highly recommend.
James Field
17:13 26 Feb 18
I was introduced to Jonathan Lea Network when I was starting up my new business around 18 months ago. I have been working with Callum Ritchie, primarily for the duration of this time. I have been absolutely thrilled with the level of detail and help he has given me in getting everything shares and compliance related solved. I would not hesitate to recommend Callum Ritchie and Jonathan Lea Network. We will be continuing to use them for a long time to come. Brilliant company! Callum is an asset to the network!
Heather Slade
12:29 26 Nov 20
Both Andreea Rusu and Simon Brooks worked tirelessly in a timely and transparent fashion while securing advance assurance for my company. Their knowledge was impeccable and they kept me fully informed at everything juncture while offering me appropriate advice when required and where always available to address any questions or queries I had.I found them both to be utterly professional while being a pleasure to deal with and won’t hesitate to use them again going forward.
Simon Kay
15:07 29 Nov 20

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