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General Meetings are meetings of shareholders which occur from time to time.

Typically, Public Companies hold an Annual General Meeting to update shareholders on the Company’s performance and future plans.

There is no longer a requirement for Private Companies to hold an AGM. They may hold General Meetings from time to time to address specific legal matters. There may be a specific requirement in the Company’s Articles of Association to hold an AGM every year.

It is normal for a general Meeting to be called by the Board of the Company but it is possible for shareholders to call a meeting (often referred to as an “Extraordinary General Meeting”). Their rights to do so are set out in law.