Investors’ Exit Strategies
As an unlisted public company, Kings & Queens Medical International Group shares can be bought and sold through the company’s share register, subject to a constitutional pre-emptive rights agreement. A shareholder may transfer shares by proper transfer or by an instrument in writing in any form authorised by the Ghana Companies Code 1963 or in any other form that the Kings & Queens Medical International Group Directors may approve. The Directors may only decline to register any transfer of shares in circumstances where the transfer is not in registrable form or where the Ghana Companies Code 1963 provides or would require that the registration be refused. All share transfers and documentation relating to the transfer of shares must be lodged at the Company’s share registry.
That notwithstanding, should a shareholder need to divest some or all of the shares held for any reason, the following exit strategies may be utilised:
a. Pre-emptive rights. The existing shareholders of Kings & Queens Medical International Group have reserved a constitutional right of first refusal should any shareholder wish to sell shares.