Document background
The Simple Share Purchase Agreement is a fundamental transaction document used in Denmark for transferring ownership of shares from one party to another. This agreement is particularly suitable for straightforward share transfers where the transaction structure is uncomplicated and the parties prefer a streamlined approach. The document incorporates essential elements required under Danish law, including compliance with the Danish Companies Act and Danish Contracts Act, while avoiding overly complex mechanisms often found in larger M&A transactions. It typically includes basic warranties, simple payment terms, and standard completion mechanics, making it ideal for small to medium-sized transactions or transfers between known parties. The agreement can be used for both private companies and unlisted public companies, though additional requirements may apply for listed entities.
