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Give all shareholders a voice by bringing Company Law into the 21st Century

Submitted on Saturday 1st April 2023

Published on

Current status: Closed

Closed:

Signatures: 4,292

Petition Action

Give all shareholders a voice by bringing Company Law into the 21st Century

Petition Details

Democratise UK shareholding through reforms to the Companies Act: -Increased two-way dialogue between companies & shareholders
-A standardised technology solution across the sector
-Digital communications as default
-Removal of requirement of hard copies
-Recognition of digital AGMs

Additional Information

Outdated legislation stops shareholder voices being heard. Almost half of individual shareholders can’t directly engage with the company they invest in, as they invest via platforms, the rest are constrained by a paper-based system. At the same time, companies are losing sight of who their investors are. Digital first reform will be better for shareholders, better for business and ultimately, better for Britain – making the UK a more attractive place to invest and to list.


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