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.

You will find summaries of our AGM reports on this page. You can also search for reports on a specific company, using our “Research” feature. Only full members of ShareSoc can view the full details of our AGM reports and need to login to do so. If you wish to gain access, 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.


Crown Place VCT AGM Report and AIC Survey of ESG Interest

I attended the Crown Place VCT (CRWN) Annual General Meeting today via the Hopin platform. This worked well with no technical hitches. I have held the shares in this company for a very long time. It was one of those VCTs with a difficult history originally when it was formed from three Murray VCTs. After Albion took over management it has had a good track record. Total return in the last 5 years has been 14.0%, 14.6%, 11.2%, -0.6% and 15.9% last ...

The Second of Two Unsatisfactory AGMs: City of London Investment Trust 2021

My report on the first unsatisfactory AGM can be found here. The second AGM I attended was that of City of London Investment Trust (CTY). I commented on this company when they published their Annual Report earlier this month. My view on the company has not changed from attending the AGM. Too much emphasis on maintaining the dividend record by investing in high dividend paying companies rather than looking at total return. This was a hybrid AGM with attendees both present in person ...

The First of Two Unsatisfactory AGMs: Ideagen 2021

This week I attended two Annual General Meetings – or at least attempted to do so. The first was of Ideagen (IDEA) an AIM company. This was an “electronic” AGM with no physical attendance, held on the Lumiagm platform. I tried to log in with the Shareholder Reference Number given on my dividend certificates (I am on the share register) but it rejected it. Apparently the prefix needed to be ignored. I contacted the support email address but by the time I got ...

City of London Investment Group (CLIG) AGM 2021

Introduction and Background On Monday 18th October I attended the AGM of City of London Investment Group (CLIG - not to be confused with two other companies with similar names!) held at the rather plush Ned Hotel near the Bank of England. Ray Williams (previous SIGnet director) and I were the only non-director shareholders attending. Most of CLIG's executives, and new major shareholder George Karpus are US based, so I was pleasantly surprised that they'd all flown across for the AGM and, I ...

Charles Stanley Takeover  Meetings 

I attended, via the LumiAGM platform, the Court Meeting and General Meeting of Charles Stanley Group (CAY) to approve the takeover by Raymond James this morning. In other words, these were hybrid meetings with both physical attendees and web attendees. The meetings were reasonably well run but there were no questions from attendees and I guess it will go through as the offer price is more than 40% higher than the previous closing price for CAY shares. But we will have to ...

Polar Capital Technology Trust AGM 2021 and Board Apprentices

I attended the Polar Capital Technology Trust (PCT) Annual General Meeting via the Lumi AGM platform today. This was an exemplary example of how to run a “hybrid” AGM with 8 attendees on-line and 4 shareholders physically present. Questions came from both sources, voting was on-line and there were no technical hitches. The low attendance was probably because we are in the holiday season I would guess. But it proved a useful meeting anyway with a good presentation from fund manager Ben ...

TR Property Investment Trust (TRY) AGM Report 2021

My second physical AGM since the start of the pandemic was that of the TR Property Investment Trust (LSE:TRY), currently my #2 shareholding and one which I have held since 2003 (with a brief hiatus between May 2009 and December 2010). Since I re-entered in 2010, it has delivered an annualised total return of almost 20%, taking into account some trading based on discount arbitrage. The AGM was held at the usual venue of the RAC Club in Pall Mall. About 30 ...

NewRiver REIT AGM 2021

The NewRiver REIT AGM was the first AGM that I attended physically in person since the start of the pandemic in March 2020. Other than the board, some staff and advisers, I was the only external shareholder to attend in person, giving me the luxury of having the board all to myself. As is usually the case in such circumstances they were most gracious. I asked first about the current strategy. Why stick to retail assets, when there was an opportunity to ...

Boku AGM 2021

I also attended the Boku (BOKU) Annual General Meeting today. This was another Zoom event with about 10 attendees. The CEO gave a short presentation and the Chairman covered the issue that proxy advisor ISS had recommended voting against the remuneration resolution (there were some votes against). The ISS complaint was apparently that the LTIP was not solely performance based. The Chairman said they needed to match the more normal US remuneration structure, i.e. options based on length of service. Several questions ...

EKF Diagnostics AGM, Verici DX & Renalytics 2021

I attended the Annual General Meeting of EKF Diagnostics (EKF) today via Zoom. This was one of the better organised electronic format AGMs I have attended. To quote from the company’s web site: “EKF Diagnostics is a global medical manufacturer of point-of-care and central lab devices and chemistry reagents including hemoglobin tests, HbA1c tests, glucose and lactate tests. EKF also manufactures and distributes products associated with COVID-19 pandemic”.  The latter has enabled the company to generate very high revenue growth recently ...