Ms Gudrun Stangl

Gudrun Stangl

Updates

Company & Commercial

New Act Facilitates Foreign Shareholder Participation in Shareholders' Meetings
Austria | August 03 2009

The EU Shareholder Rights Directive was recently implemented into Austrian law by the Stock Corporation Amendment Act 2009. The act introduces new rules that are applicable to Austrian listed corporations. The rules are aimed at facilitating (foreign) shareholder participation and voting in shareholders' meetings, and thus increasing free float shareholder participations.