I run a private limited company in Wales, and we have run into a bit of uncharted territory concerning shares. A colleague and I have been in the business for almost 20 years, but now she is keen to retire permanently. As she will no longer be working for the business, she would like to transfer ownership of her share in the company over to me. How does one go about doing that? Is there a particular procedure I must follow? Thank you for your help.
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