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Robert acquired 2000 shares in his own name and 6000 shares in the names of nominees. This gives Robert 24.65% of the voting power of the company. The shares have been registered in the names of nominees because the Board did not know of the nominees. Robert is a former director and also holds preference shares issued to him when he initially joined the company board of directors. There are six current directors. The three who have been directors since the company was first set up also hold preference shares.

2007-04-30 21:34:09 · 3 answers · asked by zoom_shh 1 in Education & Reference Trivia

3 answers

Robert has 24.65% of the voting power of the company.

2007-05-01 03:22:00 · answer #1 · answered by sarahjc23 3 · 0 0

Robert has 24.65% of the voting power of the company

2007-05-01 02:12:15 · answer #2 · answered by Peggy Sue 5 · 0 0

I think the most relevant issue for the purposes of these boards is why this same question keeps being asked on a weekly basis.

2007-04-30 23:34:45 · answer #3 · answered by open4one 7 · 0 0

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