Rexco plc holds 40% of the voting rights of Burt plc and 12 other investors each...
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Rexco plc holds 40% of the voting rights of Burt plc and 12 other investors each hold 5% of the voting rights of Burt plc. A shareholder agreement grants Rexco plc the right to appoint, remove and set the remuneration of management responsible for directing the relevant activities.
According to IFRS 10, Rexco controls Burt.
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