EUROPA OIL & GAS (HOLDINGS) PLC (EOG)

ShareSoc was recently approached by one of its members for assistance in the case of Europa Oil. Dr Erika Syba and others, who collectively own more than 5% of Europa’s shares, sought to requisition a general meeting of the company. The Companies Act stipulates that members of a company collectively owning more than 5% of its shares are entitled to requisition general meetings. Unfortunately, however, Erika’s shares are held in nominee accounts, like the vast majority of individual shareholders’ shares. Indeed, shares held ...

ShareSoc was recently approached by one of its members for assistance in the case of Europa Oil. Dr Erika Syba and others, who collectively own more than 5% of Europa’s shares, sought to requisition a general meeting of the company. The Companies Act stipulates that members of a company collectively owning more than 5% of its shares are entitled to requisition general meetings. Unfortunately, however, Erika’s shares are held in nominee accounts, like the vast majority of individual shareholders’ shares. Indeed, shares held ...