LRD annual general meeting postponed

The annual general meeting of the Labour Research Department (LRD), which was due to be held on 18 May, is being postponed to a later date due to the coronavirus outbreak.

The LRD’s articles of association allow for the AGM to be delayed until August if necessary.

Article 8.1: “Not more than 15 months shall elapse between the date of one Annual General Meeting of the LRD and that of the next. The Annual General Meeting shall be held at such time and place as the directors shall appoint.”

This means our existing directors continue in office until there is a new AGM and any new directors are not yet appointed.

Article 21: “All the directors in office shall retire at the end of the Annual General Meeting of the LRD but shall be eligible for re-election in accordance with Article 18.1. All the new directors elected in accordance with Article 18.1 shall take effect at the end of the Annual General Meeting.”

We’ll be setting the new AGM date when the position is clearer.