In what appears to be attempt to neutralise a block of activist shareholders, the board of AltX-listed Accéntuate ended up disenfranchising a substantial group of 'unaligned' shareholders IN what appears to have been a ham-fisted attempt to neutralise a block of activist shareholders, the board of AltX-listed Accéntuate ended up disenfranchising a substantial group of "unaligned" shareholders at its recent AGM.The outcome of the controversial action by Accéntuate's board, which is being investigated by the JSE and Standard Bank Nominees, will have considerable implications for investors in small-cap companies."Big companies are concerned about their reputation, so they abide by the JSE's regulations and any findings it might come to after an investigation, but the JSE's only real sanction is to threaten delisting," said one of the shareholders who had been prevented from voting his shares at the Accéntuate AGM."That might not be much of a threat for small companies, but it is a sign...
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