Document background
The Shares Agreement is a crucial legal document used in Danish corporate transactions to facilitate and document the transfer of company shares between parties. This agreement is essential when executing share purchases, sales, or transfers in Denmark, whether for private or public companies. The document must comply with the Danish Companies Act (Selskabsloven) and other relevant Danish and EU legislation. It typically includes detailed provisions on share valuation, payment terms, warranties, representations, and both pre- and post-completion obligations. The agreement is particularly important in ensuring legal certainty, protecting parties' interests, and maintaining compliance with regulatory requirements. It can be used for various scenarios, from simple transfers between existing shareholders to complex corporate restructurings or investment transactions.
