Saturday, August 29, 2009

Implementation of the directive on the exercise of certain rights of shareholders in listed companies


The Department for Business Enterprise and Regulatory Reform invites your views on:

  • the implementation of Directive 2007/36/EC on the exercise of certain rights of
    shareholders in listed companies (the ”Shareholder Rights Directive”) by
  • the making of related changes to legislative provisions on shareholder rights in the
    Companies Act 2006.


The Directive aims to improve corporate governance in EU companies traded on regulated
markets by enabling shareholders to exercise their voting rights and rights to information more
easily. In particular, it seeks to achieve this by overcoming the obstacles that shareholders
owning shares in companies registered in another Member State face when voting at company
meetings.

See full Report, in pdf format.