Member resource – discussing the advantages and disadvantages of AGM voting via show of hands or through a poll – company secretarial guidance notes and best practice guides

Historically, voting at AGMs has tended to be conducted on a show of hands. The disruption of a number of high profile shareholder meetings lead to some companies deciding to deal with some or all resolutions on a poll.

Other companies, particularly those with a dual listed companies structure, may be required to hold votes on a poll so the votes of both companies can be added together to obtain the final result.

This guidance note discusses the advantages and disadvantages of each system of voting, and how to overcome any obstacles that each presents.

An updated edition of this guidance note is expected towards the end of 2013.

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