Schroders board proposes reform of share class structure through enfranchisement

All shareholders will have same voting rights

clock • 2 min read
Schroders chair Michael Dobson said the changes are 'in the best interests of all shareholders'.
Image:

Schroders chair Michael Dobson said the changes are 'in the best interests of all shareholders'.

Schroders has set out a number of proposals aimed at simplifying its dual share class structure through the enfranchisement of the non-voting ordinary shares.

The board of Schroders said the change to its share class structure will give all shareholders the same voting rights and increase the liquidity of the shares. Under the enfranchisement proposals, each...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

AJ Bell's pre-tax profits dip in HY22 as dealing returns to normal

AJ Bell pre-tax profits dip as dealing returns to normal

Retail customers reached 418,309

clock 26 May 2022 • 3 min read
The latest episode of  A Fresh Take

A Fresh Take: Intersectionality in the industry

Communities under the radar

Lauren Mason
clock 26 May 2022 • 1 min read
The survey looked at the UAE, the UK, Singapore, Switzerland and Australia

Only 14.5% of hedge fund leadership female

UK and Switzerland both leading

Melanie Boulton
clock 25 May 2022 • 2 min read
Trustpilot