Canadian Shareholder Rights Advisory

In order to comply with Canadian Stock Exchange requirements, companies listed on Canadian exchanges must obtain shareholder approval for rights plans within 6 months of their being adopted by the board of directors.  In addition, shareholder rights plans or “poison pills” must be periodically reconfirmed or renewed by the board and approved by shareholders.

To help Canadian corporations understand the key provisions that shareholders prefer in such plans, Risk Metrics Group has developed the Canadian Shareholder Rights Advisory service.  With this service, our corporate solutions team will review and provide comments on your plan, to help you align it with shareholder needs.  Useful whether you have a new plan or are reconfirming an existing plan, this service will help you design a plan that reflects best practices and meets both the needs of your company and those of your shareholders.

In accordance with our Business Practices, this solution is delivered by ISS Corporate Services, Inc. (ICS), a wholly owned subsidiary of RiskMetrics Group, Inc.