substantial shareholder

substantial shareholder
Under the Listing Rules, any person who is entitled to exercise or to control the exercise of 10% or more of the votes able to be cast on all or substantially all matters at general meetings of the company (or of any company which is its subsidiary undertaking or parent undertaking or of a fellow subsidiary undertaking of its parent undertaking). Certain voting rights are to be disregarded for this purpose such as those exercised independently in the capacity as bare trustee or investment manager.
The glossary to the FSA Handbook sets out the full definition of this term. When considering this term in the context of financial services, reference should be made to the FSA Handbook glossary definition of substantial shareholder.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • shareholder rights plan — poison pill, Also known as a shareholder rights plan. In the context of takeovers, action taken by the target to make itself unattractive to a bidder or potential bidder. Such action is restricted under the UK City Code on Takeovers and Mergers… …   Law dictionary

  • shareholder — noun ADJECTIVE ▪ big, large, major, substantial ▪ small ▪ main, principal ▪ controlling …   Collocations dictionary

  • substantial — adj. Substantial is used with these nouns: ↑acquisition, ↑advance, ↑alteration, ↑amount, ↑assistance, ↑autonomy, ↑benefit, ↑bloc, ↑body, ↑breakfast, ↑burden, ↑ …   Collocations dictionary

  • David Young, Baron Young of Graffham — For other people named Lord Young, see Lord Young (disambiguation). The Right Honourable The Lord Young of Graffham PC DL Secretary of State for Tr …   Wikipedia

  • Aston Villa F.C. — Infobox Football club clubname = Aston Villa F.C. current = Aston Villa F.C. season 2008 09 fullname = Aston Villa Football Club nickname = The Villa, The Villans, Villacite web |url=http://news.bbc.co.uk/sport1/hi/football/eng prem/4127422.stm… …   Wikipedia

  • Daimler Motor Company — This article is about the Daimler brand and its owner the British automobile manufacturer Daimler Motor Company. See Daimler for other uses derived from the German engineer and inventor Gottlieb Daimler. For the two direct descendants of Daimler… …   Wikipedia

  • Warner Music Group — Type Subsidiary Industry Music Entertainment Founded 1958 (as W …   Wikipedia

  • Seven Network Limited — Infobox Company company name = Seven Network Limited company company type = Public (asx|SEV) owner = Kerry Stokes > 40% substantial shareholder [2006 Annual Report] foundation = 1956 location = flagicon|AUS Sydney, Australia key people = Kerry… …   Wikipedia

  • Horace Farquhar, 1st Earl Farquhar — Horace Brand Farquhar, 1st Earl Farquhar GCB, GCVO, PC (19 May 1844 ndash; 30 August 1923) was a British financier and politician.Birth and familyHorace Brand Townsend Farquhar was born at Goldings near Hertford, the fifth of six sons of Sir… …   Wikipedia

  • related party — Under the Listing Rules, parties who are deemed to be related to a listed company in connection with transactions undertaken with the listed company. They are: • A substantial shareholder, that is a shareholder (excluding a bare trustee) who is,… …   Law dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”