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The last 10 years have seen increased activity in corporate mergers, acquisitions, rights issues, schemes of arrangement and demutualisations which coupled with the regularity of people moving home (on average 11% per year), it is inevitable that companies lose contact with their shareholders.
When a number of shareholders fail to claim shares or cash following a merger, acquisition, demutualisation or other corporate action, they are listed on what is called a dissentient register.
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