The Shareholder Rights Directive,[1] amended by the Directive (EU) 2017/828,[2] establishes requirements in relation to the exercise of certain shareholder rights attached to EU-listed companies.
It also establishes specific requirements in order to encourage shareholder engagement, in particular in the long term.
[4] It set out minimum requirements relating to the holding of meetings in the EU.
The directive was amended and largely extended by Directive 2017/828/EU of 17 May 2017, also known as SRD II,[5] as regards the encouragement of long-term shareholder engagement.
The directive's structure is as follows: Under SRD II, companies must develop and publish a policy stating how voting rights operate and how shareholders are engaged in the running of the company.