On 11 December 2023, a draft law was introduced in the Belgian Chamber of Representatives giving a vote to shareholders of listed companies in significant asset transfers. This will align Belgium with the practises of neighbouring countries and leading capital markets. The draft bill also introduces a strengthened independent director statute, with a board report on the independence of candidates and a minimum number of independent directors on the boards of listed companies.
We invite you to read our analysis of the draft law in the publication below.
For further information, please contact:
Arnaud Coibion, Partner, Linklaters.
arnaud.coibion@linklaters.com
