A legal entity or a physical person can own a part of another legal entity (the legal entity in focus), usually by holding shares.
Indirect ownership
When a legal entity or a physical person owns a part of another legal entity, which in its turn owns a part of a third legal entity (the legal entity in focus). There may be several legal entities in such a trail of ownerships.
Ultimate beneficial owner (UBO) and Alternative beneficial owner (ABO)
The definition of a UBO differs slightly between countries, but the general guideline is a physical person that’ assumed to control a legal entity through ownership (direct or indirect), through family relations, or through other control mechanisms (preferred shares, shareholder agreements etc.)
In Strise we separate between UBOs and ABOs based on how confident we are that a physical person is in fact an ultimate beneficiary of a legal entity.
Read more about:
UBO's in Norway
UBO's in Denmark
UBO's in Sweden
UBO's in Finland
Ownership card
Ownership is shown in its own card in the Entity Page. This view gives you information on who (if any) the beneficial and alternative beneficial owners are, their voting power and share classes.
Some companies have ownership relationships outside these categories. These are shown under “Other owners” which can be expanded to see additional detail.
Ownership chart
Ownership is displayed visually in the Ownership chart in the Entity Page. The ownership chart shows owners with more than 5% ownership by default. The ownership threshold can be changed with the “only show owners above 25%” toggle in the top right. Owners with ownership below 5% will be gathered in a separate box in the ownership map, and if you click on it you will see a full list of owners within this category.
