The vast majority of companies of all sizes put forward a resolution at every AGM to give authority to the directors to allot shares in the company. The most common authority requested is for authority to allot up to two thirds of issued share capital.
Read MoreShareholders have continued to use their voting power to highlight concerns around governance by voting against the chair of the board and/or the chairs of board committees.
Read MoreInvestors continued to focus on executive remuneration during 2021 and in particular wanted to ensure that the impact of the pandemic on the company and workforce was reflected in directors’ pay.
Read MoreIt is still relatively rare for companies to lose or nearly lose a vote against a resolution at an AGM. Though shareholders do use their votes however to protest at executive remuneration or governance issues by voting against individual directors.
Read MoreDuring the course of the 2021 AGM season we have seen two emerging themes develop. Dividend resolutions are up following a sharp fall in payments in 2020 and auditor re-appointments have seen increasing focus as investors scrutinise independence.
Read MoreWelcome to our December bulletin of what's happening within the regulatory environment that impacts the share registration and employee share plans space.
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