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New Dual Process for Appointing Independent Directors - Amendments to Articles of Association



by Annabel Evans
Mayer Brown International LLP - London Office

Kirsty Payne
Mayer Brown International LLP - London Office

Richard Smith
Mayer Brown International LLP - London Office

Justine Usher
Mayer Brown International LLP - London Office

May 20, 2014

Previously published on May 2014

On 16 May 2014, the Listing Rules are changing to incorporate new provisions applicable to premium listed companies which have or gain a controlling shareholder. They are being introduced to address concerns about the position of minority shareholders and to give them a more effective voice, but without becoming dominant.


 

The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
 

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Author
 
Annabel Evans
Kirsty Payne
Richard Smith
Justine Usher
Practice Area
 
Investments
 
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