A shareholder with any amount of ‘ordinary’ shares (the most common type of shares) will be able to:
- Attend any general meetings
- Vote
- Get a share certificate
- Inspect company and director information
- Make a claim against a director
A minority shareholder (holds less than 50% of the shares in the company) can:
- Call a general meeting (at least 5% of shares required)
- Propose a written resolution (at least 5% of shares required)
- Call for an audit or poll (at least 10% of shares required)
- Stop short-notice meetings (more than 10% of shares required)
- Stop squeeze-outs (more than 10% of shares required)
A majority shareholder (holds more than 50% of the shares in the company) can:
- Pass ordinary resolutions (more than 50% of shares required)
- Pass special resolutions (at least 75% of shares required)
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