The FRC have prepared this infographic about communicating Covid-19 impacts to shareholders (click to view larger image).
Online Q&A forums and live streaming of AGMs are good ideas. However, individual investors are an important constituency in this, but not properly considered in the new guidance on AGMs.
Shareholders will want to question directors about the impact of coronavirus and its implications on the company liquidity and solvency and will want reassurance about these and the ongoing business model. Never has the importance of the AGM been so high. However, questions and answers can be handled in a hybrid physical meeting and broadcast over the web. The FRC infographic is helpful in setting expectations of what companies should be doing.
Cliff Weight, Director, ShareSoc