With the global pandemic of COVID-19 continuing to impact businesses, there have been ongoing conversations between key industry groups about how AGMs should function with the 'Stay at Home' measures and limit on gatherings of more than two people. The Chartered Governance Institute and other market stakeholders have been exploring alternative solutions to prioritise the public’s safety, whilst still allowing companies to meet their legal obligations and get the necessary shareholder permissions and authorities.
As a result, The Chartered Governance Institute has published some revised guidance to help companies who have an AGM coming up. The UK Government has indicated that it will deliver legislation to support these emergency measures on the operation of company general meetings - we will keep you informed when we know more details and in the event that similar measures are being considered in other countries.
When holding your AGM, you can now: