Part 13 U.K. Resolutions and meetings

Modifications etc. (not altering text)

C1 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

Chapter 5 U.K. Additional requirements for quoted companies [F1 AND TRADED COMPANIES]

Textual Amendments

F1 Words in Pt. 13 Ch. 5 heading inserted (3.8.2009) by The Companies (Shareholders' Rights) Regulations 2009 (S.I. 2009/1632), reg. 19(5) (with application as stated in reg. 1(2))

Website publication of poll results U.K.

341 Results of poll to be made available on website U.K.

(1) Where a poll is taken at a general meeting of a quoted company [F2 that is not a traded company], the company must ensure that the following information is made available on a website—

(a) the date of the meeting,

(b) the text of the resolution or, as the case may be, a description of the subject matter of the poll,

(c) the number of votes cast in favour, and

(d) the number of votes cast against.

[F3 (1A) Where a poll is taken at a general meeting of a traded company, the company must ensure that the following information is made available on a website—

(a) the date of the meeting,

(b) the text of the resolution or, as the case may be, a description of the subject matter of the poll,

(c) the number of votes validly cast,

(d) the proportion of the company's issued share capital (determined at the time at which the right to vote is determined under section 360B(2)) represented by those votes,

(e) the number of votes cast in favour,

(f) the number of votes cast against, and

(g) the number of abstentions (if counted).

(1B) A traded company must comply with subsection (1A) by—

(a) the end of 16 days beginning with the day of the meeting, or

(b) if later, the end of the first working day after the day on which the result of the poll is declared.]

(2) The provisions of section 353 (requirements as to website availability) apply.

(3) In the event of default in complying with this section (or with the requirements of section 353 as it applies for the purposes of this section), an offence is committed by every officer of the company who is in default.

(4) A person guilty of an offence under subsection (3) is liable on summary conviction to a fine not exceeding level 3 on the standard scale.

(5) Failure to comply with this section (or the requirements of section 353) does not affect the validity of—

(a) the poll, or

(b) the resolution or other business (if passed or agreed to) to which the poll relates.

(6) This section only applies to polls taken after this section comes into force.

Textual Amendments

F2 Words in s. 341(1) inserted (3.8.2009) by The Companies (Shareholders' Rights) Regulations 2009 (S.I. 2009/1632), reg. 19(2) (with application as stated in reg. 1(2))

F3 S. 341(1A)(1B) inserted (3.8.2009) by The Companies (Shareholders' Rights) Regulations 2009 (S.I. 2009/1632), reg. 19(3) (with application as stated in reg. 1(2))