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Shareholders: Voting Rights

Question for Department for Business, Energy and Industrial Strategy

UIN 133000, tabled on 30 December 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has received from investors on the effect of the UK-EU Trade and Cooperation Agreement on UK shareholder’s voting rights in EU registered companies.

Answered on

15 January 2021

We have not had any representations from stakeholders on UK shareholder’s voting rights in EU registered companies.

UK investors and business owners should be aware that there may be changes to their ability to own, manage or direct a company registered in the EU from 1 January 2021. UK citizens that own or run business operations in an EU country may need to comply with different requirements (those which currently apply to other businesses from non-EU countries) in the country they are operating in. More information on this can be found on GOV.UK.