GLOSSARY

Controlling shareholder definition

What does Controlling shareholder mean?

In the context of the Listing Rules, any person who exercises, or controls on their own or together with any person with whom they are acting in concert, 30% or more of the votes able to be cast on all or substantially all matters at general meetings of the company. For details on how to calculate voting rights, see the definition of the term in the glossary to the FCA Handbook. A premium listed company with a controlling shareholder must comply with the provisions in LR 6.5 of the Listing Rules.

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