What is a person of significant control (POSC)?
A POSC is someone who holds: more than 25% of shares in the company, More than 25% of voting rights in the company, and/or the right to appoint or remove the majority of directors of the company.
A POSC is someone who holds: more than 25% of shares in the company, More than 25% of voting rights in the company, and/or the right to appoint or remove the majority of directors of the company.