Understanding Voting Rights in Alliance Witan PLC
Understanding the Total Voting Rights of Alliance Witan PLC
Alliance Witan PLC (LSE: ALW) is a company with a clear focus on adhering to regulatory requirements concerning transparency and shareholder engagement. The company's legal entity identifier is 213800SZZD4E2IOZ9W55, which is essential for identifying its legal standing in financial and corporate transactions.
Current Share Distribution
As part of the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, the total number of Ordinary shares currently in issue is 405,193,982, with each share carrying a nominal value of 2.5 pence. Out of these, 4,952,000 shares are held in Treasury, which are shares that the company retains and does not distribute to the market. Consequently, the number of shares that confer voting rights stands at 400,241,982.
Importance of Voting Rights
This total of 400,241,982 voting rights is crucial for shareholders as it serves as the denominator for calculating whether they need to notify any interest or changes in interest in the company. Shareholders must remain aware of these numbers to comply with regulatory obligations, and this transparency underscores the company’s commitment to good governance.
Implications for Shareholders
Understanding the number of shares with voting rights helps shareholders navigate their obligations under the Financial Conduct Authority's regulations. Notifying the company of any changes in ownership percentages based on this denominator is essential for maintaining compliance and good standing within the shareholder community.
Engaging with Stakeholders
Alliance Witan PLC encourages open communication with its investors and stakeholders, reflecting a broader commitment to transparency and accountability. For any further information or clarification, shareholders and prospective investors are invited to reach out directly.
Contact Information
For inquiries about the company's governance and share structure, please contact:
Juniper Partners Limited
Company Secretary
Telephone: 0131 378 0500
Frequently Asked Questions
What are the total voting rights for Alliance Witan PLC?
The total voting rights are 400,241,982 based on current share distributions.
What is the significance of shares held in Treasury?
Shares held in Treasury are not available for voting or dividends, reducing the total number of active voting shares.
How does this affect shareholder notifications?
Shareholders must use the total voting rights to determine when they need to notify changes in their ownership percentage under the regulations.
Who can shareholders contact for information?
Shareholders can contact Juniper Partners Limited, the Company Secretary, for inquiries regarding voting rights and governance.
What is the legal entity identifier for Alliance Witan PLC?
The legal entity identifier for Alliance Witan PLC is 213800SZZD4E2IOZ9W55, used for identification in financial transactions.
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