Mr. Hector Grant, Chairman of Hector &
Grant Limited, gives a speech -and a very special announcement- atthe official opening of the new factory extension:
Click
on PLAY to listen to the conversation
GRANT
Ladies and gentlemen. You
all know what this little ceremony is about:to launch this new
extension. I would like to tell you something about the state of our company
and what we hope to do in the future. At the annual general meeting of Harper
& Grant, held this morning, the necessary resolutions were passed, to allow a
substancial increase in our authorised capital and to change the articles, so
that the shares of the company may be freely bought and sold on the open
market... We're going public...
VOICE
What about the workers?
GRANT
Anyone will be able to
buy Harper & Grant shares. But we are proposing to issue a special class of
share, with all the rights attaching to the ordinary shares, which can be
bought and sold by employees only, at a price below the open market value. We
want all employees to have the chance to participate in what we're sure will
be the successful future of their company. As we continue
to stride forward,
we must keep a fair balance between the perhaps somewhat conservative wisdom
and
care for detail that comes with experience, and the adventurous spirit of
high endeavour. With your help, success will be assured.
(Applause.)
GLOSSARY: to stride forward: to go towards a promissory future
(acercarse resueltamente al futuro);
to care for: to look after, take care of(cuidar, controlar, preocuparse por).
STEP
9
Activities with Answers
ANSWERS
B.
The
report below
will soon be publishedinHarper &
Grant
staff magazine.
It gives an account of
what Mr.
Hector Grant said in his speech
during the Official Opening of the Factory Extension.
Choose the best
alternative from the menu to complete
the report.
At
the official opening of the new factory extension last Thursday the
Chairman,
Mr.
Hector Grant, welcoming everybody,
announced that Harper
&
Grant would become a
public company.
He went
to say that the management proposed to issue
a special class of
share,
all the rights of an ordinary share
(voting rights,
dividends, etc.)
could be bought and sold
by employees only, at a
lower price
the market value.
Mr. Grant added that the
directors wanted all the staff to share in
they were sure would be
the successful future of the company. He also pointed
that it is important to keep a balance
prudence and a spirit of
adventure.
He finished
saying that with the help of all Harper & Grant
staff,
