Ordinary shares also known as common shares, is a form of corporate equity ownership, a type of security. It is stipulated in Section 71 of the Companies Act 2016 that an ordinary share shareholder hold the following rights:

1. The right to attend, participate and speak at a meeting;
2. The right to vote on a show of hands on any resolution of the company;
3. The right to an equal share in the distribution of the surplus assets of the company; and
4. The right to an equal share in dividends authorised by the company’s board of directors (although this may be subject to the company constitution).

‍