Holding an AGM of a listed public company


Published by a ³ÉÈËÓ°Òô Corporate expert
Practice notes

Holding an AGM of a listed public company


Published by a ³ÉÈËÓ°Òô Corporate expert

Practice notes
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This Practice Note summarises the law, guidelines and market practice relating to the holding of an annual general meeting (AGM). It is suitable for use by both practitioners and company secretaries in relation to public companies with equity shares listed on the Main Market of London Stock Exchange plc (listed companies) and public companies with equity shares admitted to AIM (AIM companies). For details on the notice requirements for an AGM of a listed company or an AIM company, see Practice Note: AGMs—notice requirements for listed public companies.

A public company must call an AGM each year within the period of six months starting on the day after its accounting reference date. Detailed requirements as regards the convening and holding of an AGM are set out in the Companies Act 2006 (CA 2006).

The CA 2006 imposes additional requirements on a public company which is also a traded company or a quoted company. This covers listed companies, but not AIM companies.

The CA 2006 also contemplates circumstances in which a private company can also

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United Kingdom
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Key definition:
Equity definition
What does Equity mean?

Capital that is used to finance companies in the form of ordinary share capital as opposed to debt finance. The term is also sometimes used to describe preference shares or subordinated loan capital contributed by equity investors (commonly known as quasi-equity) to distinguish it from third party debt.

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