The law is changing to ensure that you, as a shareholder, are kept informed of corporate actions so you can exercise your rights. This applies to shareholders with voting shares (i.e. shares that give you the right to vote on the company’s corporate policy and certain corporate events) in companies who:
- define the shareholder as the legal owner of the shares; and
- have registered offices in the EU; and
- trade on an EU regulated exchange
If you hold voting shares in companies who meet this criteria, from 3 September 2020 under the new Shareholders Rights Directive (SRD II), we’ll be required to send you notice of more corporate actions than before.
If you hold Shares in companies who do not meet this criteria, there will be no change to the information you’ll receive.