Begrensetdilutasjon

Begrensetdilutasjon refers to a legal concept primarily found in Norwegian corporate law concerning the dilution of shares. It signifies a restriction on the ability of a company to issue new shares that would disproportionately reduce the ownership percentage of existing shareholders without their consent or a valid justification. This concept is often discussed in the context of shareholder agreements and company articles of association, where specific provisions might be included to protect minority shareholders from having their influence or control diminished through significant new share issuances.

The core principle behind begrensetdilutasjon is to prevent a situation where a majority shareholder or the company itself can significantly alter the ownership structure in a way that disadvantages smaller stakeholders. While companies generally have the right to issue new shares to raise capital, this right is not absolute and can be limited by contractual agreements or legal interpretations aimed at safeguarding existing ownership interests. The specific circumstances under which begrensetdilutasjon applies can vary, but it often involves scenarios where new shares are issued at a price significantly below market value or to specific parties in a way that appears to be designed to dilute others. The practical effect of begrensetdilutasjon is to require careful consideration and, often, the approval of existing shareholders before significant share issuances take place, ensuring a more equitable distribution of potential dilution.