Venture Deals · glossary
Combining several shares into fewer shares of a larger nominal value, for example ten €1 shares into one €10 share. A company may do it before a bonus issue to reach a round number of shares. Solaris needed none, because its shares had been €1 each since incorporation. Article 3.1 · Chapter 15
Explained in Chapter 15, The Exchange, the Reorganisation and the Handover, of Venture Deals.
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