Over the past two years, the world has experienced one of the greatest digital transformation challenges, with industries virtually moving online overnight when the pandemic hit.
Why then, in 2022, is there still a rule that requires UK companies to send printed communications to shareholders? The industry has shown it can adapt to modernisation and companies have found new ways to engage with shareholders during this time - by hosting virtual and hybrid AGMs as well as facilitating virtual proxy voting. Yet, archaic legislation remains and is holding the sector back from flourishing. Under current UK rules, companies must send paper versions of documents to all shareholders before a vote can be conducted on large deals. For companies with thousands, or ...
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