01 May 2021 1 minute read
From 1 May 2021 onwards Dutch listed companies can invoke a statutory reflection period of up to 250 days in response to shareholder activists seeking changes in the board composition and/or upon hostile takeover attempts.
Read our full publication for a summary and an overview of the key takeaways and implications (including an indicative timeline for invoking the Reflection period):
eAlert: Statutory Reflection Period Adopted
In the explainer videos below (in Dutch and English), Christiaan de Brauw (Partner, Corporate) explains how the statutory reflection period compares to existing protective mechanisms and where it can offer extra protection.
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