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'.

The term 'acting in concert' has a potentially wide meaning, encompassing various common actions taken by shareholders in relation to shares or voting power. 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?

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. 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?

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. Signup and view all the answers

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