Priority
share
The portion of registered capital of a private or public limited company
» Meer over share
shares (
share
The portion of registered capital of a private or public limited company
» Meer over share
stocks) are shares (stocks) with special control rights. For example the right make a
binding nomination
A nomination for a board director done by another body than the shareholders' meeting
» Meer over binding nomination
binding nomination to the board or the supervisory board, or a veto right.
The nature of the control rights that are given to a priority
share
The portion of registered capital of a private or public limited company
» Meer over share
share holder are defined in the
articles of association
A document, drawn up when a Dutch company or legal person is set up, and which regulates the operations of the company and defines its purpose.
» Meer over articles of association
Articles of Association. Priority shares (stocks) are often used in the Netherlands to prevent a hostile takeover.