CLLS & Law Society Response: PCP 2025/1: Dual class share structures, IPOs and share buybacks

The views set out in this response have been prepared by a Joint Working Party of the Company Law Committees of the CLLS and the Law Society of England and Wales.

As an overarching point, we agree with the Panel that taking a principles-based approach which provides sufficient flexibility is key, in particular to allow the Panel to take account of different DCSS structures that might evolve over time.

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