Updated guidance about AGMs and the impact of Covid-19 issued
27 March 2020
The FRC and the Chartered Governance Institute have today published updated guidance about company AGMs and the impact of Covid-19.
The guidance provides advice on how listed companies might implement contingency plans in light of the compulsory ‘Stay at Home Measures’.
Paul George, FRC Executive Director of Corporate Governance and Reporting said:
“These are unprecedented times for business so it is absolutely right companies have flexibility to conduct their general meetings in a safe and proportionate way, while ensuring shareholders remain actively engaged in the process.”
“Companies should familiarise themselves with the guidance and give plenty of thought to any measures they need to take now to ensure compliance with their responsibilities while keeping stakeholders and shareholders informed.”
A link to the updated guidance can be viewed here.
Further information is available here.