Companies with AGMs scheduled over the coming months are advised
to consider alternative solutions in the event that their AGM
cannot proceed in the usual manner.
Companies should follow up-to-date guidance issued by the HSE,
government and international organisations monitoring the impact of
COVID-19, as circumstances may change at short notice.
Delay
For companies that have yet to issue their AGM notice, one
option may be to delay the AGM to later in the year. One draw-back
for this approach is that there are statutory limits on the latest
date for the meeting and companies will need to consider the
following:
- Not more than 15 months can elapse
from the date of the 2019 AGM to the date of the 2020 AGM.