Beneficial investors in Australian/New Zealand companies can have just five days to respond to shareholder meeting notifications, research shows
LONDON, March 13, 2023 /PRNewswire/ -- Investors who hold shares in Australian and New Zealand companies through nominees such as a custodian have only five to seven days on average to lodge voting instructions in time for the deadline ahead of shareholder meetings, according to new research. The report, 'Proxy Transformation in Australia and New Zealand', provides key statistics relating to proxy voting as well as compiling answers and information from 89 issuers, intermediaries and investors. It shows that proxy voters have on average 21-23 fewer days to vote or confirm attendance at...
Source: philippinetimes.com