Limited Company

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A Limited Company has shareholders or members. Shareholders can hold one or more shares and, where the shares are voting shares, their voting weight depends on the number and class of shares they hold.

There may be multiple classes of share, each with different rights. These rights might differ in terms of dividends, voting at General Meetings, and/or rights in the event of a takeover, merger or winding up of the Company.

Shareholders may receive dividends which are determined by the directors (interim) or Company (in the case of final dividends). These may be granted to one or more classes of share.