What do I select for ownership or shares and voting rights?
After you have selected a Person of Significant Control (PSC), you will asked to detail the nature of their control. A shareholder will automatically be a PSC if they hold more than 25% (i.e. 26%+) shares in the company. In this instance, they should follow the guidance below: Ownership of shares – select percentage of shares held. Voting rights – select percentage of voting rights held (same as above). Appoint and remove directors - Select Yes, if you hold more than 50% of the votes - Select No, if you do not hold more than 50% of the votes Other Significant influences or control - select No. If you are selecting someone as a PSC on the basis that they have other substantial influence in the company, but they are not a shareholder (25% of shares or less), please only select 'yes' to the following: Other Significant influences or control - yes