The company decides who can be granted depositary receipts. There are for instance companies on our platform which have chosen to provide depositary receipts to contractors or suppliers as well!
Find out more.A share is the ownership of a company and with that represents the company’s value and voting rights. When a company is divided over 10 shares and you hold two of these shares, then this person owns 20% of the company’s value and the vote of this person in the shareholder meeting also counts for 20%. Shares give shareholders certain rights, namely the right to dividend, voting rights and the right to call a meeting. The Shareholder’s meeting is authorised to suspend, remove and reward Board members, approve the annual accounts, amend the articles of association and make important decisions.
Amsterdam-based social enterprise Share Council, a FinTech startup focused on “closing the capital wealth gap by making every SME employee co-owner”, announced on Tuesday that it is proud to have raised over €1M in funding from The Sharing Group (known from MyWheels & Mijndomein) and a network of strategic angel investors. Share Council is build on the premise of “everyone a co-owner”, hence the last 100k of stock is now publicly coming available, see sharecouncil.co/invest
Read moreJust 5 Million EU employees own equity in the company they work for. This creates a staggering divide and it leaves Europe behind in the race for global talent.
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