PPL Corporation amends bylaws to align with SEC universal proxy rules (Rule 14a-19)

PPL Corp

New bylaw requires shareholder director nominees to include Rule 14a-19 compliance representation.
Shareholders must provide evidence of Rule 14a-19 compliance at least five business days before meeting.
Non-compliant nominations will be nullified; proxies/votes for such nominees disregarded.
Company may request additional info from nominees for independence determination; other technical changes.
Shareholders soliciting proxies from other shareholders must use a proxy card color other than white.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PPL Corp: Amended Bylaws to add requirements related to Rule 14a-19 compliance for director nominations, including shareholder notice, evidence of compliance, nullification of non-compliant nominations, and related changes (effective 2022-12-16).

Change: bylaw amendment
Effective: 2022-12-16

Exact text from the filing

On December 16, 2022, the Board of Directors of PPL Corporation (the “Company”) approved and adopted amendments to the Bylaws of the Company (as so amended, the “Bylaws”), effective December 16, 2022.

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Source: SEC EDGAR

accession 0000922224-22-000053

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