Shareholder-Agreements.co.uk
Shareholders' Rights
You may be eligible for a free no obligation consultation in relation to Shareholders Agreements. Please contact us

Tel: 020 7749 2700




SHAREHOLDER-

AGREEMENTS.CO.UK

Shareholders Agreement: Shareholders' Rights Page 1


100% shareholder - List of rights (and includes all rights listed below)

  • Can do anything!
  • Pass an elective resolution (a resolution passed by all shareholders in a company entitled to vote)


90% shareholder - List of rights (and includes all rights listed below)

  • Hold a general meeting on short notice
    (a general meeting is a meeting of all shareholders)
    i.e. less notice to shareholders than would normally be required



75% shareholder - List of rights (and includes all rights listed below)

Pass a special resolution
A special resolution is a resolution passed by 75% of the shareholders present in person or by proxy and entitled to vote at a general meeting. Not less than 21 days' notice specifying the intention to propose the resolution as a special resolution must be given to the members. The following are examples of matters for which a special resolution is required:

(i) Change of name of the company;
(ii) Changing the Articles of Association
(iii) Authority to allot shares without restriction;
(iv) Reduction of share capital;

Read More: Go to Page 2