Raise AGM vote threshold, say listed firms

Listed company lobby group Veuo wants to raise the threshold for binding votes at shareholders meetings, when ‘important’ issues are on the table, the Financieele Dagblad reports on Wednesday.

For example, changes in corporate strategy should only be forced through if more than half of the share capital agrees, Veuo said.
‘Attendance at shareholders’ meetings is low, so we have to prevent those who are there from making the running,’ Vueo chairman Rob Pieterse said in an interview

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation