1.5.2007
News

Directive on shareholders' voting rights adopted at first reading

On 15 February 2007 following an agreement with the Council, the EuropeanParliament adopted the Directive on shareholders’ voting rights at firstreading. The proposal for the Directive was drafted with the intention ofremoving barriers to shareholders’ involvement in listed companies, particularlycross-border, by setting minimum standards. The provisions set out in theDirective include a prohibition on share blocking to prevent shareholders fromtrading shares for a period of time before a general meeting. The minimum noticeperiod of 21 days has been set although a shorter 14-day period forextraordinary general meetings is possible if electronic voting is available.The right to ask questions at general meetings, to add items to the agenda andtable draft resolutions, and to appoint a proxy holder are also dealt with. TheDirective provides that Member States must ensure that companies are notprevented from using methods of electronic participation and voting. The text isto be formally adopted in the coming months and published in the OfficialJournal. Member States shall have two years to implement the Directive intotheir national law.

Other articles

29.9.2025
News

Legal advice on RegioJet financing

KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.‍
3.9.2025
M&A

KŠB advised on the sale of shares in BigBoard Praha

The J&T Arch Investments fund, the main investment platform of the J&T Group, acquired a significant stake in the largest outdoor advertising operator in the Czech Republic, BigBoard Praha, from the JOJ Media House group.
8.8.2025
News

Project Financing of a Strategic Logistics Complex in Nymburk

KŠB provided legal advice to Facility Develop Group in securing two separate financings granted by Trinity Bank. The funds will be used for the development and expansion of a large logistics park in Nymburk, which is of key importance to the infrastructure of the entire Central Bohemian Region.