A guidance note on what proxy voting means and how it works. For more information on voting see Voting Generally.
Tuesday 3rd of October 2017 11:39
If members are unable to attend a general meeting of the company, they can vote on all motions by appointing someone who will be at the meeting to vote on their behalf.
They can appoint someone who will be going to the general meeting, although it is common to appoint the chairperson of the meeting as the proxy.
Whoever is appointed, can either be given discretion to vote as they see fit after listening to the debate at the meeting, or they can be instructed to vote in a particular way or even abstain. This will depend on the type of proxy form used.
Find out more in the article below