(1) A general meeting of a traded company must be called by notice of -
(a) in a case where conditions A to C (set out below) are met, at least 14 days;
(b) in any other case, at least 21 days.
(2) Condition A is that the general meeting is not an annual general meeting.
(3) Condition B is that the company offers the facility for members to vote by electronic means accessible to all members who hold shares that carry rights to vote at general meetings.
This condition is met if there is a facility, offered by the company and accessible to all such members, to appoint a proxy by means of a website.
(4) Condition C is that a special resolution reducing the period of notice to not less than 14 days has been passed -
(a) at the immediately preceding annual general meeting, or
(b) at a general meeting held since that annual general meeting.
(5) In the case of a company which has not yet held an annual general meeting, condition C is that a special resolution reducing the period of notice to
…