C1Part 9Exercise of members' rights
Information rights
I1146Traded companies: nomination of persons to enjoy information rights
1
This section applies to a company whose shares are admitted to trading on a regulated market.
2
A member of such a company who holds shares on behalf of another person may nominate that person to enjoy information rights.
3
“Information rights” means—
a
the right to receive a copy of all communications that the company sends to its members generally or to any class of its members that includes the person making the nomination, and
b
the rights conferred by—
i
section 431 or 432 (right to require copies of accounts and reports), and
ii
section 1145 (right to require hard copy version of document or information provided in another form).
4
The reference in subsection (3)(a) to communications that a company sends to its members generally includes the company's annual accounts and reports.
For the application of section 426 (option to provide summary financial statement) in relation to a person nominated to enjoy information rights, see subsection (5) of that section.
5
A company need not act on a nomination purporting to relate to certain information rights only.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2