cryptohunter
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In the UK, a company can make different kinds of shares with different voting rights. This is normal and lets companies create structures that fit what shareholders want. The ability to do this is in the Companies Act 2006.
Companies can have many types of shares, each with its own rights, including how much they can vote. For example one type of shares might let you vote more if you have more shares, while another might give more or less voting power.
This flexibility in shares helps companies set up their money structure to match what different investors want. It's often used to attract different kinds of investor, like those who want more control or stability in voting.
When a company makes different types of shares, it has to clearly say the rights for each type in its rules (articles of association). Shareholders need to agree, usually in a special resolution, if there are changes to the rules that affect how existing shares can be used.
Companies can have many types of shares, each with its own rights, including how much they can vote. For example one type of shares might let you vote more if you have more shares, while another might give more or less voting power.
This flexibility in shares helps companies set up their money structure to match what different investors want. It's often used to attract different kinds of investor, like those who want more control or stability in voting.
When a company makes different types of shares, it has to clearly say the rights for each type in its rules (articles of association). Shareholders need to agree, usually in a special resolution, if there are changes to the rules that affect how existing shares can be used.
