Shareholders of Dutch listed companies will be charged with extra costs if a notification threshold is introduced at a 2 percent interest. That says the interest group of institutional investors Eumedion. The organization calls the introduction of a lower threshold in politics The Hague “not necessary” and “disproportionate.”

Eumedion responds to a proposal to introduce the reporting threshold at 2 percent on top of existing reporting obligations that now start at 3 percent.

The extra threshold should, among other things, lead to a better dialogue between company and shareholder. According to the interest group there are already sufficient opportunities for companies to know and hold a dialogue with shareholders who hold more than 0.5 percent of the shares under existing legislation.

The introduction of the lower threshold would also not be in line with the intended formation of European uniform regulations. Furthermore, the scheme would infringe on the privacy of smaller investors, often private individuals.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Car sales are at the lowest level since 1995 amid the global manufacturing disruption

718,598 cars were registered in the EU last month. This is 23% less than a year ago and th…