Chapter V · Shareholders’ resolutions

Article 389 Special meetings of shareholders

Artigo 389.º · Assembleias especiais de accionistas

Código das Sociedades Comerciais · Decree-Law No. 262/86 · consolidated text checked 26 October 2026

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1. Special meetings of holders of shares of a given class are convened, meet and operate in accordance with the rules laid down by law and by the articles of association for general meetings.

1 - As assembleias especiais de titulares de acções de certa categoria são convocadas, reúnem-se e funcionam nos termos prescritos pela lei e pelo contrato de sociedade para as assembleias gerais.

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2. Where the law requires a qualified majority for a resolution of the general meeting, the same majority is required for a resolution of special meetings on the same matter.

2 - Quando a lei exija maioria qualificada para uma deliberação da assembleia geral, igual maioria é exigida para a deliberação das assembleias especiais sobre o mesmo assunto.

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3. There are no special meetings of holders of ordinary shares.

3 - Não há assembleias especiais de titulares de acções ordinárias.

What we checked in this article

The application of the general-meeting rules to special meetings of a class, the same qualified majority for special meetings on the same matter, and the absence of special meetings for ordinary shares are retained.

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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.

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