Reuters: "Staples has 9.5 pct of Corporate Express"

It seems there is a lot of confusion with respect to shares and percentages. Reuters tries to play it safe in this article by mentioning both the 9.5% as reported by the AFM and the 12.3% mentioned by Staples. We know of course that Staples was talking about the percentage of ordinary shares, while the AFM looks at total voting rights, including preference shares. And even the AFM is a little confused, because they consider voting rights on preference shares equal to the voting rights on ordinary shares, while I have reasoned before that a preference share has a voting right equal to about 0.37 ordinary share. This would make the right percentage of Staples' shares, relevant to the shareholders meeting on June 18th equal to 11.1%. (end of post)