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The Minister of Justice has sent a letter to parliament in which he describes the features of possible statutory provisions regarding long-term shareholding and loyalty rights.
The Minister of Justice has sent a letter to parliament in which
he describes the features of possible statutory provisions
regarding long-term shareholding and loyalty rights. These
provisions would allow listed companies to award extra voting
rights or dividend to shareholders who have held their shares for a
longer period, as specified in the company's articles of
association. The loyalty rights would lapse on transfer of the
shares.
The Minister wants to exchange views with experts on this issue
in the near future.
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