SYT » Topics » Shareholders’ register and restrictions of registration, nominees
This excerpt taken from the SYT 6-K filed Jul 8, 2009.
Shareholders’ register and
restrictions of registration, nominees
Article
5
1
The
Company shall maintain a shareholders’ register showing the name(s), first
name(s), domicile, address and nationality (in the case of legal entities the
registered office) of the holders or usufructuaries of registered shares.
Holders who may exercise the voting rights of shares which they do not own will
be mentioned upon request in the notes of the shareholders’ register in case
their entitlement is based on law (legal usufructuary, mandatory legal
representative of a minor and so forth).
2
Upon
request acquirers of registered shares are registered in the shareholders’
register as shareholders with the right to vote, provided that they declare
explicitly to have acquired the registered shares in their own name and for
their own account.
3
After
hearing the registered shareholder or nominee, the Board of Directors may
cancel, with retroactive effect as of the date of registration, the registration
of shareholders or nominees if the registration was effected based on false
information. The respective shareholder or nominee shall be informed immediately
of such cancellation.
4
The Board
of Directors shall specify the details of registration in specific rules which
take into account market practice in all of those markets where shares of the
Company are listed. In particular, irrespective of the restriction set forth in
Article 5 paragraph 2 above, the Board of Directors may, based on separate
regulations or individual agreements, allow the entry into the shareholders’
register as shareholders with voting rights of nominees that are subject to a
recognized banking or financial market supervision.
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