The specific EU context refers to the provisions or restrictions on the transferability or conveyance of shares from one stockholder to another. Such restrictions are normally found either in the bylaws of the company or a shareholders' agreement limiting the shareholders' right to sell his shares in a number of circumstances or to offer them to other shareholders at a fixed price or the price at which a third party may wish to purchase them.
moving the ownership of shares from one person to another
Aktsiate võõrandamisel kolmandatele isikutele võib põhikirjaga ette näha teiste aktsionäride ostueesõiguse, mille kasutamise tähtaeg ei või olla pikem kui kaks kuud võõrandamise lepingu esitamisest.
The statutes contain a clause requiring approval by the company before the transfer of shares to third parties, except in the case of transfer in the event of death and, if the statutes so provide, in the case of transfer to a spouse,
forebears or issue; transfers shall not be in blank, but otherwise each transfer shall be in writing under hand, signed by the transferor and transferee of by notarial act.
