On 20 May 2017, the final text of the directive to amend the Shareholder Rights Directive was published in the Official Journal of the European Union and came into force on 9 June 2017.

The text of the directive follows that which was adopted by the Council of the EU and which was covered in the April 2017 edition of this newsletter. Member states have until 10 June 2019 to implement the directive.

The full text of the directive is available at:

http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32017L0828&from=EN

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.