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.

Accesso Technology (ACSO) AGM Report

I attended the Annual General Meeting of Accesso Technology (ACSO) this morning (21st May) at their offices west of London. With a 10.00 am start time there were only about ten ordinary shareholders there. This company provides ticketing and queuing systems for theme parks and other visitor attractions. It had a great share price performance under the management of former CEO and then Executive Chairman Tom Burnet (who is still on the board as a non-exec director) until October 2018 when the ...

Hammerson Plc (HMSO) AGM Report

In contrast to a previous AGM I attended, this AGM was conducted in a sensible way, with all the presentations made and shareholders questions answered before the vote was held by way of a ballot. The board pre-empted a minor shareholder rebellion against the Directors’ Remuneration report and the authority to allot additional shares in terms of section 551 of the companies act, by communicating this to the shareholders present and explaining that the remuneration is in line with the triennial ...

Rights and Issues Investment Trust (RIII) AGM Report

Rights and Issues Investment Trust (RIII),  a 177m pounds investment trust, has been managed by Simon Knott for the last 35 years and has clocked up an impressive long term performance outshining many of the small cap trusts run by bigger competitors, such as  Aberforth, Henderson, Blackrock and  Standard Life. The trust’s minimalist annual report, which runs to just 47 pages and contains none of the glossy photographs that often grace reports of bigger trusts, gives little away about the secrets of ...

Independent Investment Trust (IIT) AGM Report

AGM report of The Independent Investment Trust - March 13, 2018 The Independent Investment Trust (IIT), as its name implies is not your ordinary run-of-the mill investment trust. It was set up 18 years ago by Max Ward, as a sort of ‘retirement project’ after he stepped down as a long-time partner of Edinburgh fund managers Baillie Gifford, where he had managed its flagship Scottish Mortgage Investment Trust for more than a decade. The AGM, held at Baillie Gifford’s headquarters a few minutes ...

Henderson Opportunities Trust Plc (HOT) AGM Report

A brief AGM report on the above company. Approx 10 shareholders present. Chair Peter Jones introduced the board etc… before reading the Chairman's statement as per the annual report. We then moved to a short presentation from the fund managers, James Henderson and Laura Foll, reduced to... 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 full report, which contains much more information. ...

Finsbury Growth & Income Trust Plc AGM Report

A brief AGM report on the above company as follows: 200 shareholders present when we started. Anthony Townsend introduced the board etc... before we moved to the formal business of the meeting. A few nonsense questions from shareholders, one asking if we will get an attendance card when the proxy voting goes online only – answer from the CoSec was yes. Another asked if the trust had had any issues under the audit materiality threshold, due to the threshold being a rather high £14 ...

Sareum (SAR) AGM Report

This year’s Sareum Plc (SAR) AGM was held at the offices of Citigate Dewe Rogerson, 3 London Wall Buildings, London Wall, London EC2M 5S, on Tuesday December 18th commencing at 10:00 For investors who are unfamiliar with the company, SAR is a small biopharmaceutical company specialising in identifying and developing small molecule kinase inhibitors which would ideally be suitable for both iv. and oral administration. Target indications include various cancer types and auto immune diseases such as lupus, RA and psoriasis. SAR currently ...

Surface Transforms (SCE) AGM Report

This year’s Surface Transforms (SCE) AGM was held at the FinnCap offices, 3rd Floor, 60 New Broad Street, London EC2M 1JJ on Tuesday 11th December 2018 commencing at 11:00 am. There were around 20 attendees, which included the directors, two company managers and around 6 - 8 ordinary private investors. For investors who are unfamiliar with the company, SCE was founded in 1992 with the aim of utilizing IP acquired from ICI for use in automotive brakes and clutches. The company floated ...

Blancco Technology (BLTG) AGM Report

Today I attended the Annual General Meeting of Blancco Technology Group (BLTG). This technology company is now focused on the data erasure market which is surely a growing one. I have commented on this company before (see links below), particularly as the company, and its shareholders, seemed to be a victim of false accounting – an issue that is way too prevalent of late. The legal framework under which companies, their directors and the regulatory bodies operate just seems to be too ...

Crown Place VCT AGM report (CRWN)

I recently attended the Crown Place VCT AGM, which was held on Thursday November 29th 2018 commencing at 11.00 at the City of London Club, 19 Old Broad Street, London EC2N 1DS. The link to the annual report for year ending June 30th 2018 can be found here: https://www.albion.capital/sites/default/files/reports/attachments/CRWN%20Annual%20Report%20to%2030%20June%202018.pdf The IMS for the three months ending September 30th 2018 was released just before the AGM; it reported a NAV of 34.56 pence per share, an increase of... Click here for the complete AGM report if you ...