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.

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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 bullet points: Gearing reduced as debt paid off due to selling toppy AIM shares mid 2018. 88% active portfolio with an average 4-5 year holding cycle – AIM would be less, large caps more. AIM was due ...

Finsbury Growth & Income Trust Plc (FGT) AGM Report 2019

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 2018

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 ...

Surface Transforms (SCE) AGM Report 2018

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 (CRWN) AGM report 2018

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/... 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 1.06 pence per share (3.2 per cent) ...

Foresight 4 VCT (FTF) AGM Report 2018

This year’s Foresight 4 VCT AGM was held on Thursday 11th October 2018 commencing 13:00, at the Foresight Offices, 23rd floor, The Shard, SE1 9SG. There were around 40 attendees, this included about 25 ordinary shareholders, several representatives from the manager and the F4 Board of Directors comprising the Chairman Raymond Abbott (RA), Simon Jamieson (SJ) and Michael Gray (MG).The meeting began with the Manager’s presentation followed by Q&As and finally the formal AGM. The Annual report for year ending March 2018 can ...

Enteq (AIM:NTQ) AGM 2018

Enteq is a supplier of, primarily, Measurement While Drilling (MWD) equipment to independent oil service companies. This equipment, which Enteq designs and manufactures is essential for directional drilling. I refer readers unfamiliar with the company to its annual report. I invested in Enteq initially in November 2013, exiting at a substantial loss in September 2014, as the oil price and Enteq’s market collapsed. The company weathered the storm, with a strong balance sheet and taking an axe to costs. I decided to ...

Henderson Smaller Companies Investment Trust Plc (HSL) AGM 2018

On Friday 14th September I attended the 130th Annual General Meeting of the Henderson Smaller Companies Investment Trust at Janus Henderson’s London offices. With approx. 50 retail shareholders present the Chairman Jamie Cayzer-Colvin started with an introduction of the Board plus the fund manager Neil Hermon. Jamie gave an overview of the year ending 31st May 2018, of which a more in-depth version can be found in the annual report link below: Annual Report 2018 We then moved on to a presentation from fund manager ...

Albion Venture VCT (AAVC) AGM 2018

This year’s Albion Venture VCT AGM was held on Monday (August 13th 2018) starting at 11.00. The venue was the same as the previous eight AGMs: The City of London Club, 19 Broad Street, London, EC2N 1DS. Notes from last year’s Albion VCT AGM can be found here: https://www.sharesoc.org/agm-reports/albion-venture-vct-aavc-agm-2017/ The Annual Report for year ending March 31st 2018 report can be found here: https://www.albion.capital/sites/default/files/reports/attachments/... The IMS (April 1st to June 30th 2018) was also released on Monday, this reported NAV at 76.5p/share (on June 30th), which ...