S-29.1, r. 1 - Québec Business Investment Companies Regulation

Section 2.1 Disposition versions

2012-09-01

2.1. With respect to any change respecting its shareholders, its share capital and its qualified investments, and in accordance with section 14 of the Act, a company must supply the following particulars:

(1)  a copy of any change to its articles of constitution, if applicable;

(2)  where a shareholder sells his shares, the name of the shareholder, the date of the transaction, the name, address and social insurance number of the shareholder acquiring the shares and the number of shares and the price paid for each share sold;

(3)  where new shares are subscribed, the name, address and social insurance number of the shareholder and the date of the subscription, the number of shares and the price paid in cash for each share subscribed, together with an attestation that the company has complied with the provisions of the Securities Act (chapter V-1.1);

(4)  a declaration or, where required by Investissement Québec, a statement of the relation between any new shareholder and the other shareholders of the company not at arm’s length and with the shareholders of a qualified legal person of which the company has been a shareholder for 2 years or less;

(5)  a description of any financial transaction reducing the paid-up capital of the company indicating the amounts and the names of the shareholders involved;

(6)  the number of shares, the sale price of any share which is part of qualified investment and the date of the transaction, the amount of the profit or loss made by the company on the sale and the name of the new shareholder;

(7)  the date and amount of the dividends paid by the qualified legal person, if applicable;

(8)  a notice indicating the number of shares that a shareholder has transferred to a trustee as part of a registered retirement savings plan or a registered retirement income fund, of the self-directed type, of which the shareholder is the annuitant;

(9)  where a qualified legal person in which a company has made a qualified investment amends its articles of constitution, a copy of the certificate of amendment relating thereto.

O.C. 453-87, s. 1; O.C. 1549-91, s. 4; O.C. 1136-2004, s. 15.