Sentences with phrase «minimum number of shareholders»

One of the ASX listing rules that a private company may struggle to comply with is the requirement to have a minimum number of shareholders, between 300 and 400, that each hold at least $ 2,000 worth of shares.

Companies do not have to meet any merit - based criteria to list, they just need to have a minimum number of shareholders and meet an asset or profit test.

Not exact matches

A floor guarantees the selling shareholders a minimum number of shares and a minimum level of participation in the expected SVA should the acquirer's stock price rise appreciably.

Retaining the option of owning the minimum number of shares necessary to be an activist shareholder.

With an Equity Incentive Plan you can specify the type of employees eligible to receive incentive stock options; the minimum price per share of stock an employee must pay if they are granted the right to purchase stock (even though the employee owns more than the maximum percentage defined in the plan); the timeframe within which stock options can be granted under the plan after its adoption or approval by shareholders; the total number of shares to be issued to employees; and the conditions and time period for the expiration of stock options.

(c) if the articles, the by - laws or a unanimous shareholder agreement specify a minimum number of days that is greater than 60 or don't specify a minimum number of days, the minimum number of days is 60.