proxy solicitation - Investment & Finance Definition
The process of obtaining shareholders’ agreement for proposals. Proxy solicitation materials are issued to give shareholders information that enables them to vote in an informed manner. The materials presented to shareholders must be filed with the Securities and Exchange Commission (SEC) before they are given to shareholders. The SEC makes certain that the materials comply with disclosure rules, including disclosing all appropriate facts about the issues that shareholders will be voting on.
Maximising shareholder responsiveness will help to ensure crucial resolutions go in your favour
Georgeson’s Proxy service helps issuers understand their main investors’ behaviour and strategies, as well as increasing participation in AGMs.
Average initial shareholder response rates can be as low as 15%, putting your corporate strategies at risk. Effective proxy solicitation is therefore essential for today’s issuer. Georgeson will help your company:
Identify and locate your shareholders
Communicate the right message to your shareholders to secure those crucial votes
Analyse top shareholders
Directly solicit key investors
Our experienced and multi-lingual team will manage every step of the proxy solicitation process. We can:
Contact your company’s shareholder base about your corporate event to determine your shareholders’ voting intentions
Maximise shareholder response
Actively solicit support and maximise voting participation
Ensure that votes are lodged on time
Georgeson’s share ownership analysis delivers comprehensive information on the target shareholder’s registry details including multiple foreign listings and American Depositary Receipts (ADRs). Our analysis also identifies who has ultimate voting responsibility.
Georgeson, a Computershare company, is the world's foremost provider of strategic shareholder consulting services to corporations and shareholder groups. The company was the No. 1 proxy solicitor for annual meetings for the proxy season ending June 30, 2013, and managed more meetings than the next two solicitors combined according to public filings for the S&P 1500. The company was also ranked by Corporate Control Alert as the No. 1 M&A proxy solicitor in 2013.
As the world's preeminent proxy solicitation firm, Georgeson helps companies identify, locate and communicate to key shareholders to secure the votes they require. We specialize in complex solicitations – such as hostile and friendly acquisitions, proxy fights and takeover defenses – and manage every step of the proxy solicitation process. From our vast institutional network of contacts to our TeleVote® proxy voting service designed to significantly increase retail vote participation, we continually invest in technology to ensure that we meet or exceed our clients' proxy solicitation needs.
Please click here to learn more about Georgeson’s services, including the industry-leading shareholder monitoring and engagement tool, the Georgeson inVU™ platform.
