Companies Act 2014 section 474

Electronic means of making certain information available for purposes of section 473

Section 474 allows merging companies to use electronic means β€” email and website publication β€” to provide shareholders with the merger documents that must be made available ahead of a general meeting to approve common draft terms of merger.

  • Where a shareholder has consented to electronic communication, the company may send the merger documents listed in section 471(1) by email, and the meeting notice must state this.
  • Shareholders lose the right to request individual copies of the merger documents if the company makes them available for free download and printing on its website.
  • The website availability period must be continuous and last at least two months, starting at least 30 days before the general meeting and ending at least 30 days after it.
  • This provision is specific to the merger approval process under section 473 and does not alter general shareholder communication rules.

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