Vestas’ shares are registered in the name of the holder. Vestas’ articles of association stipulate that the shares must be registered in the name of the holder and recorded in the company’s register of shareholders.
Shareholders can only exercise many of their rights if their shares are registered by name. This applies for example to the right to attend and vote at general meetings.
How are shares registered by name?
Shares are registered by contacting the bank/custody bank, which holds the shares in a custody account, requesting that the bank registers the shares in the name of the holder.
Advantages of registration of shares
- Shareholders may exercise their shareholder rights
- Twice annually, shareholders will receive the “Shareholder information” from Vestas
- Shareholders can access Vestas’ InvestorPortal