Where a company other than a public limited companyor a private limited company has, among
itsmembers, a public limited company or a private limited company that holdsmore than ten
percent (10%) of itscapital, the former may not hold shares or equity interestsof the latter.
In the event that the interests of the public limited company or of the private limited company
limited in the company are equal or less than ten percent (10%), it shall not hold more than ten
percent (10%) of the capital of the public limited company or of the private limited company.
In both cases provided under this article, where the company other than the public limited
company or the private limited company already owns securities of such public limited company
or private limited company, it must transfer them. Until their actual transfer, shares or equity
interests to be transferredwill be deprived of voting rights and right to receive dividends.
Unofficial translation
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In force from 8 September 2026
Source page 57
Section 178 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/undated/auscgie-2014