Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA AFM

Large shareholder disinvest after going public

TTuan8y ago
Right after the company has gone public, a large shareholder (own 30% total equity) wants to substantially reduce his shareholding. I want to ask, whether this shareholder has to obtain the consent from other shareholders to reduce his shareholdings as this action may reduce the company's share price and make that company more subjected to takeover bid ?. Is this action subjected to minority protection?
John MoffatJohn MoffatTutor8y ago#1
No - it is not normally a problem :-)
This topic is locked — no new replies.