By Joey Gardiner, 2 February 2000 17:20
NEWS Electronic voting platform, E-Vote, is likely to sign a deal with the National Association of Pension Funds (NAPF) to provide Internet voting for institutional shareholders. E-Vote is due to make a formal contract announcement at the end of the month. The NAPF say that the details of the scheme are yet to be finalised but they are "minded" to use E-Vote for the contract. The parties have not disclosed financial details of the deal. John Rogers, the director of the Voting Issues Service at NAPF, said that E-Vote was the likely supplier because it has an Internet-based product and strong financial backing. The NAPF represents members controlling approximately £500bn in assets, about a third of the total investment in the stock market. For further information contact john.rogers@napf.co.uk
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