Traded companies: duty to hold AGM
15.—(1) Section 336 of the Companies Act 2006 (public companies: annual general meeting) is amended as follows.
(2) After subsection (1) insert—
“(1A) Every private company that is a traded company must hold a general meeting as its annual general meeting in each period of 9 months beginning with the day following its accounting reference date (in addition to any other meetings held during that period).”.
(3) In subsections (2) and (3), after “subsection (1)” in each place in which it occurs insert “or (1A)”.
(4) In the section heading, after “Public companies” insert “and traded companies”.
(5) In the heading to Chapter 4 of Part 13 of the Companies Act 2006 (public companies: additional requirements for AGMs), after “PUBLIC COMPANIES” insert “AND TRADED COMPANIES”.