Examples of Controlled Shares in a sentence
Any direct or indirect shareholder who has actual knowledge that (without giving effect to voting power adjustments or eliminations under this Article 21) he or it is a holder of Controlled Shares having more than 9.5 per cent.
US Shareholder exists, the aggregate votes conferred by shares held by a shareholder that are treated as Controlled Shares of that Tentative 9.5 per cent US Shareholder shall be reduced to the extent necessary such that the Controlled Shares of the Tentative 9.5 per cent.
Where shares held by more than one shareholder are treated as Controlled Shares of such Tentative 9.5 per cent.
Voting power shall not be conferred upon the Controlled Shares of such United States Person or its transferee pursuant to Article 21.3.4 to the extent that conferring such voting power would cause the Company to be a CFC, as determined by the board.
Um, and even if theycould, they are not aware of the benefits it could bring to them.So [00:23:00] lack of information and lack of democratization, I would say.