ISMM valuation of securities, option 1

Verification work on discipline

"Valuation of Securities."

Option 1.

Task:

1. Decide given in this reference work tasks and complete them in writing.

2. The maximum number of points for a correct solution to all problems - 20 points.

Task 1 (5 points)

The structure of the owners of the public company is represented in the following form:

1) Ivanov - 5% (preferred shares)

2) Petrov - 10%

3) Sidorov - 8%

4) The nominal holder of 32%

5) Other shareholders - 35%

6) Shares redeemed on society - 10%.

1. Determine the number of voting shares held by each owner in this situation

2. Decide which of the shareholders has the right to convene an extraordinary general meeting in this situation.

3. Determine which of the shareholders has a blocking stake in this situation.

4. Determine which of the shareholders in case of acquisition of shares in the Company shall send a voluntary or mandatory offer?

5. Which of the following proposed measure you select to determine the risk of the issuer's ownership structure: 5%, 2%, 0%).


Task 2 (5 points).

The management structure of the open joint-stock company is represented:

1) CCA Board of Directors (including the Golden Share), the Management Board, CEO.

2) CCA, the Board, Director General (number of shareholders to 50)

3) OCA Director General (number of shareholders 1000).

4) CCA Board of Directors (including 3 independent directors), the Management Board, CEO.

5) CCA Board of Directors (including the representative of the Federation)

The Board, CEO.

1. Define: what of the stock is less than the risk for the management structure

2. Indicate whether the presence of independent directors positive thing?


Objective 3 (5 points)

Competence of major transactions in the open joint-stock company is represented by:

1) from 10% to 20% of the book value of the assets - the Board of Directors; 20% of the book value of the assets - General meeting of shareholders (50% plus one share);

2) from 25% to 50% of the book value of the assets - the Board of Directors; 50% of the book value of the assets - General meeting of shareholders (50% plus one share);

3) from 30% to 50% of the book value of the assets - the Board of Directors; 50% of the book value of the assets - General meeting of shareholders (75% plus one share);

4) up to 10% of the book value of the assets - the Board of Directors; 10% of the book value of the assets - General meeting of shareholders (75% plus one share);

5) from 5% to 25% of the book value of the assets - the Board of Directors; 25% of the book value of the assets - General meeting of shareholders (50% plus one share); 50% of the book value of the assets - General meeting of shareholders (75% plus one share);

6) from 25% to 30% of the book value of the assets - the Board of Directors; 30% of the book value of the assets - General meeting of shareholders (50% plus one share);

Select the correct option and specify which of the joint-stock companies the least risk for the withdrawal of the company's assets?


Task 4 (3 points) Accounting for property rights.

1) The Company has entered into with the Registrar (who have the appropriate license) contract for maintenance of the register, holding meetings, provision of services for the implementation of the rights of shareholders.

2) The company maintains a register of its own, but has concluded an agreement with the Registrar of the provision of services for the meetings and disclosure.

3) The Company entered into an agreement with the Registrar (a licensed) to provide services for maintaining the register, meetings and disclosure

4) The Company entered into a contract with the Depositary for the provision of registration of shareholders' rights, to provide services for the implementation of shareholder rights and disclosure.

5) A shareholder has concluded an agreement with the depositary to pr