Although the world may be on pause to contain the spread of
covid-19, annual general meetings (AGMs) season is upon us.
As social distancing rules coincide with the period during which
AGMs may need to be held, companies are carefully consulting their
bye-laws, statute and any applicable listing rules as well as
coordinating with registrars and venue providers to assess their
options:
- Opt out
- Postpone if permitted under the
bye-laws
- Adjourn
- Delay if notice has not yet been
issued
- Hybrid meeting
- Virtual meeting
This article considers the legal and practical issues of each
option to assist companies that are grappling with the thorny issue
of how to effectively deal with 2020 AGM season.