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

20.6.2025
News

KŠB advised the seller on the sale of mcePharma to the Brenntag Group

The KŠB team, consisting of Vlastimil Pihera, Jakub Porod, and Dominika Bazalová, provided legal advice to the seller, Mr. Ivan Mikeš, in connection with the sale of 100% of the shares in mcePharma to the international Brenntag Group, a global leader in the distribution of chemicals and ingredients.
18.6.2025
News

KŠB Provided Legal Advisory in the Sale of ARETE Park Rokycany II to the REICO LONG LEASE Fund

Jiří Horník, Jakub Porod, and Yelizaveta Volodina assisted the ARETE group in the sale of the premium logistics complex ARETE Park Rokycany II. The buyer is the REICO LONG LEASE fund, managed by REICO Erste Asset Management. The fund primarily invests in logistics, industrial, retail, office, and other commercial properties, mainly in the Central European region.
17.6.2025
News

KŠB and Smetanova Litomyšl – a partnership with impact

Last weekend, as partners of the Smetanova Litomyšl festival, we had the honour of attending the opening concert of the festival’s 67th edition, featuring the Czech Philharmonic conducted by Jakub Hrůša and the exceptional Norwegian violinist Vilde Frang.