The Companies (Shareholders’ Rights to Voting Confirmations) Regulations 2020

Traded companies: confirmation of receipt of electronic voting

4.—(1) In the Companies Act 2006(1), after section 360A (electronic meetings and voting), insert—

“360AA    Traded companies: confirmation of receipt of electronic voting

(1) In the case of a traded company, where a vote is cast on a poll by electronic means the company must ensure that, as soon as reasonably practicable after the vote has been received, confirmation of receipt of the vote is sent by electronic means to—

(a) the member, where that person cast the vote,

(b) the proxy, where the vote was cast by proxy, or

(c) the representative, where the vote was cast by a person authorised to act as a representative of a corporation in accordance with section 323(1).

(2) A vote under subsection (1) includes any vote cast—

(a) at a meeting;

(b) at an electronic meeting conducted in accordance with section 360A;

(c) in advance of a meeting or electronic meeting (see section 322A).”.

(2) In section 145(3) (effect of provision of articles as to enjoyment or exercise of members’ rights), after paragraph (ga) insert—

“(gb) 360AA (traded companies: confirmation of receipt of electronic voting);”.

(1)

2006 c. 46. Sections 360A and 260B were inserted by S.I. 2009/1632 which also amended section 145. The Act has been further amended, but not in a way which is relevant to these Regulations.