Shareholder Rights Directive
Encyclopedia
The Shareholder Rights Directive 2007/36/EC sets out minimum requirements relating to the holding of meetings in the EU, where it is shareholders holding shares in companies on a regulated market.
It replaced the First Company Law Directive 68/151/EEC.
It replaced the First Company Law Directive 68/151/EEC.
Contents
- art 5, shareholders should be given 21 days notice of meetings, votes by electronic means should be facilitated
- art 6, that a threshold no higher than 5% of shareholders must be able to table resolutions at meetings
- art 9, to ask questions
- art 10, to vote by proxy
- art 14, voting results publishable on website