The rights of shareholders may be different from the rights of shareholders in a UK incorporated company.
VNL is listed on the AIM market of the London Stock Exchange (VNL.L). There are no other exchanges or trading platforms on which the company has applied or agreed to have its shares admitted or traded.
Issued shares: 324,305,511 as at 31 March 2017. No securities are held as treasury shares.
The table below lists VNL’s significant shareholders as of 31 May 2017:
Number of shares
MIO Partners, Inc.
Please note the Company has established a share buyback facility and the Company may tender to buy back shares using realised profits as part of the Company’s dividend distribution policy.The Company informs shareholders that under the Amended and Restated Memorandum and Articles of Association dated 10 December 2010, every shareholder shall comply with the notification and disclosure requirements set out in Chapter 5 of the Disclosure and Transparency Rules Sourcebook of the UK Financial Services Authority Handbook as if the Company were classed as an ‘issuer’ whose ‘home state’ is the United Kingdom. If it comes to the attention of the Directors that a shareholder has not within the requisite period disclosed their holding in the Company, the Company may, inter alia, at the discretion of the Directors, notify the shareholder that their shares in relation to the holding shall not be entitled to a vote, either in person or in proxy, at any general meeting of the Company.
Directors interest in the Company
As at 10 July 2017, the interests of the Directors in the shares, underlying shares and debentures of the Company were as follows:
Direct interest (# shares)
Indirect interest (# shares)
Restrictions on Trading of SecuritiesInsofar as the Company is aware, the percentage of AIM securities not held in public hands is 30%
Investors are free to purchase and sell shares whenever they please.