Multiple-vote share structures in companies that seek the admission to trading of their shares on an SME growth market
TA-9-2024-0352 · P9_TA(2024)0352 · PE749.139
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Parliament adopted its first-reading position on a proposed directive on multiple-vote share structures in companies seeking admission to trading on an SME growth market.¶¶ The position corresponds to the final legislative act, Directive (EU) 2024/2810, after an agreement was reached between Parliament and Council.¶ Parliament calls on the Commission to refer the matter to it again if it replaces, substantially amends or intends to substantially amend its proposal.¶
Key points
- Parliament adopts its position at first reading on the proposed directive on multiple-vote share structures for companies seeking admission to trading on an SME growth market.¶
- The position corresponds to the final legislative act, Directive (EU) 2024/2810, following agreement between Parliament and Council.¶
- Parliament calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal.¶
Who is affected
- Companies seeking admission to trading of their shares on an SME growth market, which would be subject to the directive's rules on multiple-vote share structures.¶
Legal basis: Article 294(2) and Article 50(1), Article 50(2), point (g), and Article 114 of the Treaty on the Functioning of the European Union.¶