New Dutch Company Law Rules Effective 1 July 2013

by Christiaan de BrauwGeert Raaijmakers and Petra Zijp, 4th July 2013, Mondaq

On 1 July 2013 a number of important amendments to the Dutch company law rules will take effect. The underlying aim is to strengthen the corporate governance of listed and unlisted companies by curbing shareholder activism and promoting the dialogue between shareholders and the management board. To this end, the Corporate Governance Act and the Financial Markets Act 2013 provide for the following new rules:

  • The threshold for the right of shareholders of both listed and unlisted public limited liability companies (‘NVs’) to have items placed on the agenda of the general meeting of shareholders will be raised: in future only shareholders who have a holding of 3% or more will have this right. The current limit is 1%.   Continue reading…

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