MEMORANDUM AND ARTICLES OF INCORPORATION
RadioPro Ltd, operates as a Collective Management Organisation (CMO) under the Regulations of the Collective Management of Copyright (EU Directive) Regulations 2016.
RadioPro Ltd was registered on the 7th day of September 2017, with No. 10950436 on the Registrar of Companies for England and Wales – [ Certificate Of Incorporation ].
Our company operates under the Memorandum and Articles of Incorporation, as amended on 11th April 2019, which describe the relationship between the shareholders and the the Collective Management Organisation (CMO).
RadioPro Ltd is owned and controlled by its right holder members, since our members are shareholders. We believe that is the simplest way to allow direct access to all corporate information and the daily operation of the company. Even the Board Directors are right holders and shareholders.
Specifically, all Collective Management Organisation (CMO) Right Holders are shareholders. There are no shareholders who are not right holders and also there are no shareholders who are not full members of our CMO.
The only right holders who can not be shareholders, are the ones who are represented by other CMOs (“Associate Members”), or do not wish to become members of the RadioPro Ltd Collective Management Organisation, allowing us to represent specific rights only. These right holders have contractual agreements in place with RadioPro Ltd, however they do not participate as share holders and do not have voting rights, as described in the RadioPro Ltd Terms of Membership.