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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