If a person is listed as a Shareholder of a Company but they are holding the Shares on behalf of another person or company, they are a “nominee shareholder”. The nominee shareholder will be registered with ADGM but we must also disclose who the nominee is holding shares for (this person or entity is the “beneficial owner”). The details of the beneficial owner will be filed with ADGM but are not made available to the public by ADGM.