52007AP0042

P6_TA(2007)0042

Shareholders' voting rights ***I

European Parliament legislative resolution on the proposal for a directive of the European Parliament and of the Council on the exercise of voting rights by shareholders of companies having their registered office in a Member State and whose shares are admitted to trading on a regulated market and amending Directive 2004/109/EC (COM(2005)0685 — C6-0003/2006 — 2005/0265(COD))

(Codecision procedure: first reading)

The European Parliament,

- having regard to the Commission proposal to the European Parliament and the Council (COM(2005)0685) [1],

- having regard to Article 251(2) and Articles 44 and 95 of the EC Treaty, pursuant to which the Commission submitted the proposal to Parliament (C6-0003/2006),

- having regard to Rule 51 of its Rules of Procedure,

- having regard to the report of the Committee on Legal Affairs and the opinion of the Committee on Economic and Monetary Affairs (A6-0024/2007),

1. Approves the Commission proposal as amended;

2. Calls on the Commission to refer the matter to Parliament again if it intends to amend the proposal substantially or replace it with another text;

3. Asks the Commission to consult Parliament before finalising a Recommendation related to issues and topics in the context of the proposed Directive;

4. Instructs its President to forward its position to the Council and Commission.

[1] Not yet published in OJ.

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