Meeting our obligations under the Revised Shareholder Rights Directive II (SRD II)

The Shareholder Rights Directive II (SRD II) is a European Union directive, which sets out to strengthen the position of shareholders and to ensure that decisions are made for the long-term stability of a company. Davy UK is aware of the recently published FCA Policy Statement and final rules around SRD II. Under SRD II we are obliged to publicly explain our policy on shareholder engagement. This is currently under consideration to determine the extent to which it applies and develop it as necessary. Further information will be available here in due course.