Become A Shareholder

become a member

How to become an ECA Consortium Shareholder

Below is more information about becoming a Shareholder, How to become Article 95 listed, and how to receive a LoA (Letter of Access)

Shareholdership

Send a written application to the CEO (Peter Madsen) of the ECA Consortium A/S with justification of why your company has an interest in becoming a shareholder of the ECA Consortium A/S. As shareholder you will be Article 95 listed, and participate in the Product Approval work.

The application should include:

Company Name
Responsible Contact Person
E-mail Address
Phone Number
Postal Address: (to be article 95 listed there must be a related address in EU)

The CEO will email each of the shareholders within one week of receiving the application, to see if there are any objections against shareholdership. The application for shareholdership will be determined by unanimous majority among the present shareholders. To get access to the company document (hard copy) the applicant has to pay an entrance fee. (amount listed below)

If the shareholdership is accepted by the shareholders, the applicant receives a welcome letter to confirm the shareholdership, and must sign the shareholder documents, Associations, and Article of Association and Shareholder Agreement. At the same time, an invoice for the 50 shares shall be issued and is expected payable within 20 days. The shareholding is first valid when the invoice for the shares has been paid.

 

Article 95 listed

The consortium agreement shall be sent to the applicant, who is required to sign it and return it to the chairman. An invoice shall then be issued for the Article 95 Listing, which has to be paid within 20 days. Once payment has been received in the ECA Consortium account, the consortium shall take care of the listing. The time for listing is expected to be 1 ½ - 2 months from payment.

 

LoA (Letter of Access)

Send a written application to the CEO of the ECA Consortium A/S stating your desire to buy a LOA. The application shall include:

Company Name
Responsible Contact Person
E-mail Address
Phone Number
Postal Address (to be article 95 listed, this must include an address in the EU)

An invoice shall be issued for the Article 95 listing, which has to be paid within 20 days. Once payment has been received into the ECA Consortium A/S account, the consortium shall take care of the listing. The time for listing is expected to be 1 ½ - 2 months from payment.

Present deposits

Entrance fee: 7.000 €
Shareholder: 60 shares of 100 € nominal: 100.000 €
Letter of Access LoA: 50.000 €