The Investment Association launches a public register of listed companies which have had significant shareholder rebellions

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20 Dec, 2017

The Investment Association has launched a public register of FTSE listed companies which have had significant shareholder rebellions.

The Public Register, part of the government’s corporate governance reforms, includes FTSE All-Share companies which have received votes of 20% or more against any resolution or withdrew a resolution prior to their Annual General Meeting (AGM) in 2017.

A key aim of the public register is to highlight how companies have dealt with concerns of their investors. It will highlight the public statements made by the companies on the Register, on how they have addressed shareholders’ concerns. The public register will be periodically updated and will include:

  • a description of the resolution;
  • the result of the shareholder vote;
  • a link to the AGM results announcement; and
  • a link to any further statement the company has made on the actions they have taken since the vote

By publishing this information for the first time in one central location, the Register aims to increase transparency, accountability and scrutiny of listed companies by shareholders, media and the wider public.

A press release with further information is available on the Investment Association website.

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