After the conclusion (singing of the agreement), there are a few steps that the buyer must undertake: a share purchase contract is a contract for the sale and purchase of a number of shares declared at an agreed price. The shareholder who sells his shares is the seller and the party who buys the shares is the buyer. This agreement describes the conditions of sale and purchase of the shares. Lawyak establishes purchase contracts as a legally enforceable contract to ensure that the buyer and seller keep their promises and confirm the terms of the contract concluded. The closing date: the data on which the buyer makes payments and where the seller provides the asset. A share sale agreement is itself a private document and there is no obligation to submit it to Companies House. You should, however, inform Companies House of the change in ownership of shares in the target company`s next annual return. A share purchase agreement should be used whenever an individual or company sells or buys shares in a company from or to another person or business entity. While guarantees are beneficial, the party it gives must be able to support them. . . .