The Athens Stock Exchange has launched a new range of services
for publicly listed companies.Following the implementation of the EU Shareholder Rights Directive which relates to General Meeting procedures, the Athens Exchange, in collaboration with Sodali, announced the provision of specialized services to all companies listed on the Athens Exchange.
These new services are designed primarily to allow listed companies to gain a thorough understanding of investors, their decision making process and the issues they focus on at General shareholder meetings, to align shareholders' expectations with decisions and strategies of management but also to assess their corporate governance models.
These services will be tailored to the specific requirements of each company preparing for the General Meeting and major corporate events, to offer as much support as possible, through the combined strengths of the Athens Exchange and the global experience of Sodali.
On occasion of this new partnership, Socrates Lazarides, Chairman of the Athens Exchange and CEO of the Hellenic Exchanges Group said: "This collaboration will enable the Athens Stock Exchange to take another step towards strengthening credibility and transparency of the Greek market, and will enhance the services provided to issuers, in order to facilitate the efficient implementation of new opportunities arising to them. I believe that these new services will enable listed companies to achieve significant long term goals such as attracting international capital, improve dialogue with investors and maximize support of strategic decisions."
Commenting on this new collaboration with the Athens Stock Exchange, John Wilcox, Chairman of Sodali said: "We are very proud to join forces with the Athens Stock Exchange, to offer Greek companies a new range of services that will promote good corporate governance and fair treatment of shareholders. Our experience demonstrates that strong corporate culture and effective shareholder dialogue provides increased support of strategic decisions and moreover attracts long term global capital. We hope that the evolution of Greek market practices will encourage companies to not only act beyond their legal and compliance duties, but also to develop their communications with the local and global investor community and we are delighted to support any Greek issuer in such an endeavour."
source: mondo visione