2nd Shareholders’ Rights Directive – Implementations in the Stock Exchange Act 2018

During a marathon session of the Austrian Parliament on 3 July 2019, the changes to the Austrian Stock Exchange Act 2018 proposed in the corresponding government bill, were adopted. As had widely been hoped for, and in line with demands by the banking industry in particular, Section 179 (7) of the Austrian Stock Exchange Act […]

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Revised Shareholders’ Rights Directive – final government bill expected for implementation

The Shareholders’ Rights Directive (EU) 2017/828 of 17 May 2017 (EU Official Journal L-132/1), in accordance with its title, aims at “the encouragement of long-term shareholder engagement”. This objective is to be achieved in particular by enhancing transparency and by enhancing an investors’ influence on processes in the company. The Directive essentially comprises measures in […]

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