AGMs—notice requirements for listed companies and AIM companies
AGMs—notice requirements for listed companies and AIM companies

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • AGMs—notice requirements for listed companies and AIM companies
  • Who is entitled to receive AGM notice
  • Form of notice
  • Content of the notice
  • Length of notice

This Practice Note summarises the law relating to the steps involved in preparing, identifying recipients and sending a notice of an annual general meeting (AGM). It covers the form and content requirements for notices and statutory minimum notice periods. It is suitable for use by both practitioners and company secretaries in relation to companies with equity shares listed on the Main Market of London Stock Exchange plc (listed companies) and companies with equity shares admitted to AIM (AIM 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 quoted company. This covers listed companies, but not AIM companies.

The CA 2006 also contemplates circumstances in which a private company can also be a traded company. Where this is the case, and as an exception to the general rule that private companies are not required to hold AGMs, a private traded company is required to hold a general meeting as its annual general meeting each year within the period of nine months from the day after its accounting reference date. This note