shareholding in a group company

[wood1e]

Hi,
What percentage shareholding does a Group company have to hold in a trading company? What minimum is required? If there is a minimum of course

thanks

wood1e

[Alpha]

Not quite sure what the question is???

In order to control a company it must hold 51% of the ordinary shares. Thsi would allow the appointment of directors at AGM's and general meetings.

However in order to have complete control the company should hold more than 75% of the ordinary shares which would allow it to pass special resolutions .

[wood1e]

Thanks that did answer my badly asked question!! It was at what point you get control, beyound just having 51%

many thanks