Memorandum: The possibility of simplifying the proxy voting process in Denmark
The proxy voting process in Denmark is both complicated and inefficient but the amended Shareholders' Rights Directive adopted in April 2017 establishes requirements in relation to the exercise of shareholder rights at general meetings of companies – and it provides possibilities to simplify the proxy voting process in Denmark. But it requires that Danish lawmakers address the relevant issues and wish to make the necessary amendments to existing Danish laws.
In the attached memorandum it is outlined how the simplification can be realised and what to be aware of when changing the Danish regulation.
If you have any questions or would like to discuss the content of the memorandum, please do not hesitate to contact:
Head of Issuer Services Flemming Merring
Head of Issuing Agent
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