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Where are
my shares registered?
Share
certificate at home or in a bank
deposit?
How and
where can I sell my shares?
Can I buy
additional shares? Where and at what price?
Can the share be issued
in the name of two people (my wife and me)?
We manage the shares of XY as fiduciary. Can
we represent the voting rights at the
General Meeting
Can non-shareholders
participate in the General Meeting?
My under-age children are
the owners of the shares. Can I represent
them at the General Meeting?
Where are my
shares registered?
The right to a
certain number of nominal shares is registered
in the share register of Forests for Friends
Ltd. The share register
is managed by a specialised company,
ShareCommService Ltd.
Can I receive my
shares / deposit it in my bank deposit?
The shares have to
be kept (electronically) in a bank deposit or as
a share certificate at home. Keeping the
certificate at home has a limited risk and cost
potential: if the share certificate is lost,
destroyed or stolen, a declaration of loss and
indemnity (this form can be requested from the share register) can be
filled in. The certificates in question will
then be declared invalid. The share register
will then issue a new certificate with a new
number.
If the shares are placed in a bank deposit the
charges are borne by the shareholder.
How and where can
I sell my shares?
Our shares are not
listed on a stock exchange. However, you can
sell your shares on a private basis at any time.
The Board is not obliged to accept every buyer
as shareholder (restricted transferability).
Can I buy
additional shares? Where and at what price?
There is no active
market. We are willing to accept
purchase offers and find sellers for you. We do
not take any brokerage.
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Can the share be
issued in the name of two people (my wife and
me)?
As every share has
one voting right and as this cannot be divided,
only one person can be entered into the share
register per share.
However, it is possible to register some of the
shares in the name of another person.
We manage the
shares of XY as fiduciary. Can we represent the
voting rights at the General Meeting?
Can
non-shareholders participate in the General
Meeting?
Art. 10 of the
bylaws states that a representation is only
possible by another shareholder. Legal persons
can be represented by their executive bodies
(with a power of attorney, if the executive body
in question is not authorised to sign
individually) but not by a third person.
The Board may not
allow non-shareholders to represent shareholders
at the General Meeting.
If the shareholder has transferred a share to
his fiduciary, the fiduciary must declare that
he has purchased the share in his own name and
for his own account. If he does not declare
this, the registration into the share register
can be declined in accordance with the legal
reason of restriction of transferability
according to Art. 685b para.
3 OR.
The board may issue
„Guest cards“ for admission to the General
Meeting. This does not
include the right to vote.
My under-age
children are the owners of the shares. Can I
represent them at the General Meeting?
^
Yes. Natural persons can be represented by their
guardian.
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