Shareholding
YOUR VISION IS OUR FOCUS
Shares to be issued to practicing optometrists in their
personal capacities as representatives of a specific
optometry site. Shares are to be held by an optometrist, and
not by a company, close corporation, trust or other like
entity.
Shares will be issued at a cost of R1500.00 for 10 shares.
Payment for the application of shares should accompany your
application form.
Optometry groups will have to register each practice site
subscribing for 10 shares at R1500 – the initial share price
– and payment of a monthly management fee of R200 (plus 14%
VAT =R228.00) – the initial management fee.
In order to ensure that control is not exercised by any one
individual, shareholding by any individual is limited to 40
shares.