Glossary entry

French term or phrase:

actionnaire concertiste

English translation:

concert party shareholder

Added to glossary by Rebecca Davis
Mar 18, 2010 08:02
14 yrs ago
5 viewers *
French term

actionnaire concertiste

French to English Bus/Financial Finance (general) preference share agreement
I am looking for a suitable way of describing this sort of shareholder. It means a shareholder who agrees to act in concert with other shareholders. For the moment I have got 'concerting shareholder' but can find no evidence to back this up.

Googling 'concert shareholder' all I get is shareholders of a company called 'Concert'.

This is related to 'action de concert' that is already in the glossary.
http://www.proz.com/kudoz/french_to_english/finance_general/...

Thanks for your help.
Change log

Mar 19, 2010 16:09: Rebecca Davis Created KOG entry

Mar 19, 2010 16:28: Lucia Leszinsky changed "Edited KOG entry" from "<a href="/profile/968041">Rebecca Davis's</a> old entry - "actionnaire concertiste"" to ""concert party shareholder""

Proposed translations

+3
6 mins
Selected

concert party shareholder

I think this is the correct term in English

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Note added at 30 mins (2010-03-18 08:32:45 GMT)
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Alain...try it in the plural if you want more ghits...there is usually more than one concert party shareholder...
Note from asker:
Thanks Rebecca -well it gets 1 ghit but with the right context
Peer comment(s):

agree Catharine Cellier-Smart : yes in the plural gets 1000+ g-hits
52 mins
Thank you
agree Karen Stokes
4 hrs
Thank you
agree rkillings : Or just 'concert party'! Each one is necessarily a shareholder -- and there are ALWAYS more than one of them.
10 hrs
Thank you
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks very much to you and all contributors"
32 mins

shareholder in concert

Concert Properties has a tax structure which many other building corporations would love to have. It is not the intent of anyone to want to get rid of Concert Properties. The goal for many other pension plans, including the TELUS management plan, is to become a shareholder in Concert. In a personal conversation with the BC Municipal Employees Pension Plan last month, a remark was made that at any time, when the TWPP would be interested in selling their shares in Concert Properties, they would be more than interested in purchasing them.
http://twu213.com/union/concert1.htm

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Note added at 36 mins (2010-03-18 08:39:01 GMT)
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The actual purpose of the letter is to address the concerns of institutional investors in large companies who may be concerned that they risk committing regulatory offences relating to market abuse, disclosure of substantial shareholdings or change of control if they act in concert with other shareholders.
http://www.boardroomdisputes.com/?p=180
Peer comment(s):

neutral Karen Stokes : In your first reference, 'concert' is the name of the company; the second does not contain the phrase 'shareholder in concert'. (The existence of the phrase 'in concert' is not in dispute).
4 hrs
Something went wrong...
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