Bouleversee wrote:I simply don't have time to read through all this thread but I am aware of Unilever's intentions and of the effective disenfranchisement of holders via platforms/nominee accounts, which is disgraceful as most shares are held in this way these days. Time the law caught up. What I am not clear about is whether a fund with a huge holding of Unilever (or any other company seeking approval of something) also only has one vote or whether in their case there is any relationship to the number of shares they hold in that company. Does anyone know?
FWIW my shares are held by IWeb and I haven't had a word from them about Unilever's plans to go Dutch or any notification of the meeting or invitation to vote. I have two holdings, one in an ISA and one in a dealing account.
Hi Bouleversee,
I also hold my Unilever with iWeb, and I got a notification. If you log in to your ISA and go to the 'Corporate Actions' it should be in there dated 13th September. It might be under the 'History' option if you've already viewed it. It's just for info though - there was no voting option given.
re. number of votes - you should go back and look at Gengulphus's posts - there are two votes - one based on number of shares and one based on number of holders, which is why private investors have more influence than normal.
StepOne