AGM Reports

AGM Reports

Our library contains reports on the Annual General Meetings of a large number of listed and quoted companies that our members have attended. This unique resource provides valuable insights for investors in those companies, not available anywhere else.

Please note that the links to our AGM reports included in the summaries below can only be used by full members of ShareSoc, who are registered with our members’ network site. Click here to become a full member, for less than 90p/week and gain full access to our library of hundreds of AGM reports, as well as other member benefits.

If you are already a full member and are still having any difficulty accessing our reports, please contact the ShareSoc Office.

Please note also that these reports are best accessed via a desktop computer or a tablet. If you wish to access them from a smartphone, the links won’t work directly, but will simply direct you to the top of the AGM forum on our members’ network. To use the index present in that forum from a smartphone, please first select the menu at the top right of the members network site and then select “Desktop View” from that menu.

We are sorry about these limitations of our current IT systems and will overcome them in the later stages of our IT upgrade project which is currently underway. We need your support to complete that project. Read more about it here.

Finally, please note that the summaries below are only for more recent AGM reports. Please visit our members network for a full index of all available reports.

Revolution Bars Group (RBG) AGM Report

Report by Michael Taylor I attended the Revolution Bars Group (RBG) AGM on 26th November. I don’t own shares in RBG, but believe it to be a binary play. At the current market cap of £33.2 million at a price of 66.4 pence per share, the price could triple and still be a relatively small company. However, trading in recent years has been volatile. I do not hold the stock but attended the AGM to meet management and ask a few questions. The only ...

Crown Place VCT (CRWN) AGM Report

Report by Steve Holdsworth This year’s Crown Place VCT AGM was held on Wednesday 27th November 2019 at 12:00 at The Charterhouse – www.thecharterhouse.org – close to Farringdon rail and tube station, Barbican tube station and Albion’s office in Benjamin Street. I would estimate that there were around 40 to 50 private investors present. The Annual Report and Accounts for year ending 30th June 2019 can be found here: https://www.albion.capital/sites/default/files/reports/attachments/... The Interim Management Statement to 30th September 2019 was also released in the morning just ...

Murray Income Trust (MUT) AGM Report

Report by Cliff Weight This was a very well attended AGM in The Leonardo Royal Hotel close to St Paul's Cathedral, which had been advertised quite widely. This is a good way to increase attendance and to make the AGM as useful as possible. I hope more companies will follow Murray Income's fine example. I estimate there were well over 100 people attending. After a brief introduction by the Chair, Neil Rogan, most of the time was given to the fund manager Charles ...

City of London Investment Group (CLIG) AGM Report

Report by Roger Lawson I attended the City of London Investment Group (CLIG) Annual General Meeting this morning (21st October) – not of course to be confused with other City of London companies. CLIG is primarily an investment company that invests in Closed End funds/trusts via a very specific process. It encourages such trusts to close any discount to NAV. Historically it has had a strong focus on emerging markets funds but has been diversifying into other markets and into REITS more ...

Rosslyn Data Technologies (RDT) AGM Report

Report by Roger Lawson Today (17th October) I attended the Annual General Meeting of Rosslyn  Data Technologies (RDT). This is an IT company that I bought a few shares in a couple of years ago as an EIS investment. It was loss-making then, and still is but is getting near break-even. There were only about half a dozen shareholders present, but they had lots of questions. I only cover the important ones here. New Chairman James Appleby chaired the meeting reasonably well, but ...

Van Elle (VANL) AGM Report

Report from Bill Hall Van Elle Holdings (VANL), a leading UK piling and ground engineering contractor, is yet another relative newcomer to the AIM market which has never come close to fulfilling expectations. A trip to its AGM, held on September 12, gave a chance to check out whether there is any recovery potential in a company whose market cap has shrunk from £80m at the time of its October 2016 IPO to around £30m currently. The AGM, held at 10.00 am at ...

Albion Venture VCT (AAVC) AGM Report

Report from Tim Grattan This year’s Albion AGM was held at The Charterhouse, Charterhouse Square, London EC1M 6AN on Wednesday 21 August 2019 commencing at noon. This year there was also a General meeting to accompany the Annual General Meeting with the formal business for both meetings scheduled to occur after the Manager’s Presentations and the Q&A sessions My notes from last year’s Albion VCT AGM can... Click here for the complete AGM report if you are a full member of ShareSoc, as these reports ...

D4t4 Solutions (D4T4) AGM Report

Report from Simon Hedger 17 attendees incl. 1-2 staff and finnCap rep (excl. Board members). Mcap £95m – SP 237p Cash adjusted PE of 14 compared to PE of 22 for wider peer group. Q. Can you give investors any further update on the recent patent issue with User Replay. https://www.ipo.gov.uk/p-ipsum/Case/PublicationNumber/GB2357680 A. CEO confirmed it as... Click here for the complete AGM report if you are a full member of ShareSoc, as these reports are exclusive to our full members. The above is only an introduction to the ...

Ventus and Ventus 2 VCTs (VEN, VEN2) AGM Report

Report from Tim Grattan The Ventus (VEN) and Ventus 2 (VEN2)  AGMs were held on Thursday 8th August 2019, commencing at 11:30 at the offices of Howard Kennedy (the VCT’s solicitors), No. 1 London Bridge, London SE1 9BG. For investors who are not familiar with VEN and VEN2, they are both Venture Capital Trusts (VCTs) which own (or part own) a number of wind farms and hydroelectric power generation stations in the UK. The directors of the VCTs employ Temporis (renewable energy specialists) ...

Albion Enterprise VCT AGM Report

Report from Steve Holdsworth This year’s Albion Enterprise VCT AGM was held on Tuesday 30th July 2019 at 12:00 at The Charterhouse, a fascinating and historic venue – www.thecharterhouse.org – close to Farringdon rail and tube station, Barbican tube station and Albion’s office in Benjamin Street, to where it recently relocated after 10 years at King’s Arms Yard. It was the first Albion AGM to be held at the new venue after several years of them being held at the City of ...