Consequences of the Shareholder Rights Directive
On the morning of Thursday, 24 October 2019, the commercial law firm Binder Grösswang is holding an “early bird” event, at the firm’s premises, on the subject of “Practice-Relevant Consequences of the Implementation of the Shareholder Rights Directive”.
The specific occasion for this event is the transposition of the Shareholder Rights Directive II of the European Union into Austria law, in the form of the Austrian Stock Corporation Law Amendment Act 2019 (Aktienrechts-Änderungsgesetzes 2019 – AktRÄG 2019). The new provisions have the objectives of strengthening transparency and shareholder participation in remuneration policy, as well as facilitating the effective exercise of shareholders’ rights.
“Professional compliance with the provisions on remuneration policy and on transactions with related parties presents new challenges for listed companies,” says Managing Partner Michael Kutschera.
“The new regulations on the identification of shareholders open up new communication channels between listed companies and their owners,” adds Partner Florian Khol.
At the early bird event on 24 October, Binder Grösswang partners Michael Kutschera und Florian Khol provide information on the available possibilities and the best ways of implementing the new provisions.
