Question: At 3 0 June 2 0 2 4 , Burberry Ltd has two shareholders. Mercury Ltd holds 7 5 % of the shares in Burberry

30

June

2024,

Burberry Ltd has two shareholders. Mercury Ltd holds

75 %

of the shares in Burberry Ltd

,

while Cherry Ltd holds

25 %

of the shares in Burberry Ltd

.

Cherry Ltd is actively involved in the operations of Burberry Ltd with seats on the board of directors. Mercury Ltd is not involved in the daily operations of Burberry Ltd

.

In the absence of any other information, does Mercury Ltd control Burberry Ltd

?

Mercury Ltd does not control Burberry Ltd because the remaining shareholders are not widely dispersed.

Mercury Ltd controls Burberry Ltd because it has the power over majority shares in Burberry Ltd

.

Mercury Ltd does not control Burberry Ltd due to its passive involvement in its decision

-

making process through board representation.

Mercury Ltd controls Burberry Ltd because it is actively involved in the day

-

-

day operations of Burberry Ltd and influences decision making.

At 30 June 2024, Burberry Ltd has two shareholders. Mercury Ltd

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