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PART 3AMENDMENTS RELATING TO TRADED COMPANIES

Traded companies: questions at meetings

12.—(1) After section 319 of the Companies Act 2006 insert—

Traded companies: questions at meetings

319A.(1) At a general meeting of a traded company, the company must cause to be answered any question relating to the business being dealt with at the meeting put by a member attending the meeting.

(2) No such answer need be given—

(a)if to do so would—

(i)interfere unduly with the preparation for the meeting, or

(ii)involve the disclosure of confidential information;

(b)if the answer has already been given on a website in the form of an answer to a question; or

(c)if it is undesirable in the interests of the company or the good order of the meeting that the question be answered..

(2) In section 145(3) of the Companies Act 2006 (effect of provision of articles as to enjoyment or exercise of members’ rights), after paragraph (e) insert—

(ea)section 319A (right to ask question at meeting of traded company);.