Nominee Holders

These are individuals or groups holding shares through an intermediary company, either as an individual account or in pooled funds. The individual or group owns the shares as a “beneficiary”, meaning that they receive dividends. The name of the management company (the nominee) features on the company’s shareholder register. Shareholder rights such as voting technically belong to the nominee. The influence of beneficiaries varies, depending on the rules and attitudes of the nominee company.