Shareholder Concerted Actions Quiz
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Questions and Answers

In relation to shares or voting power, when does the aggregation of holdings not require for the purposes of section 178 of FSMA?

  • When not all common actions taken by shareholders necessitate aggregation (correct)
  • When shareholders have different types of shares
  • When any common actions taken by shareholders necessitate aggregation
  • When shareholders have different voting powers
  • What does the term 'acting in concert' potentially encompass?

  • Only voting power
  • Aggregation of holdings
  • Specific actions of shareholders
  • Wide range of meanings (correct)
  • Under section 178 of FSMA, what is the potential scope of 'acting in concert'?

  • Wide potential scope (correct)
  • Narrow potential scope
  • Limited to specific actions
  • No potential scope
  • Explain the potential wide meaning of the term 'acting in concert'.

    <p>The term 'acting in concert' has a potentially wide meaning, encompassing various common actions taken by shareholders in relation to shares or voting power.</p> Signup and view all the answers

    When is the aggregation of holdings of shares or voting power not required for the purposes of section 178 of FSMA?

    <p>Not all common actions taken by shareholders, in relation to shares or voting power, will require the aggregation of holdings for the purposes of section 178 of FSMA.</p> Signup and view all the answers

    What is the relevance of section 178 of FSMA in relation to the aggregation of share or voting power holdings?

    <p>Section 178 of FSMA is relevant in determining whether the aggregation of holdings of shares or voting power is required for certain common actions taken by shareholders.</p> Signup and view all the answers

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