The shareholder register is the most important document that can become a powerful weapon for those unscrupulous purchasers of shares who are planning to take over this enterprise. In this case, having received information about its shareholders, they can put pressure on minority shareholders in order to buy out their shares and collect a controlling stake. To prevent this and thwart attempts to obtain a register of shareholders, its maintenance is entrusted to an independent registrar licensed by the Federal Commission for the Securities Market.
Instructions
Step 1
As a shareholder, no matter how many shares you hold, you have the right to receive selective information from the register of shareholders. Upon request, the registrar can provide you with information about all entries on the account, about the share in the authorized capital of the company and its value, about the issuer. You can also get information about the registrar keeping the register of this joint stock company and making changes to the personal accounts and the register.
Step 2
In the event that the percentage of your voting shares exceeds 1%, you have the right to receive information about the names of the owners, as well as the type, par value and number of shares that they own. If you are the person from whose account the securities are debited or the one to whose account they are credited, then the registrar of your company must provide you with information about the transactions performed within one business day after the transaction was carried out. The information is issued in the form of a notification, which reflects all the details of the operations performed.
Step 3
If you are a shareholder, you also have the right to request an extract from the register and information about all transactions on your personal account for the period of time you specified. Such a statement must be provided to you no later than 5 working days. A pledgee who has used securities as collateral may require such a statement regarding the shares that are pledged.
