Campaigns

ShareSoc campaigns on issues that matter to individual investors — from strengthening shareholder rights to improving the way markets and companies treat retail investors.

Below you will find an archive of past and current campaigns.

SVS Client Support Group

Post Date: October 10, 2020

This campaign is now closed ShareSoc has established this group to support former clients of SVS Securities who are experiencing difficulties in recovering their assets. If you would like our support, or to help other SVS clients, please join our SVS Support Group. Objectives The objectives of this group are: To provide assistance to former SVS clients who are experiencing difficulties To investigate the causes of undue delays in the recovery of assets, with a view to preventing recurrences in future Special Administrations of ...

EDGE Performance VCT Campaign

Post Date: April 1, 2022

ShareSoc Edge Performance VCT Campaign ShareSoc launched (in 2019) a campaign to improve the governance and performance of Edge Performance VCT Plc (consisting of H and I share classes) and reduce the fees charged by its investment manager, Edge Investments Limited. At the 2019 AGM, all 3 directors who stood for re-election were not re-elected; nor were the auditors Grant Thornton; the remuneration report was not approved, nor was approval given to allot shares. On 1 November 2021, ShareSoc Campaign members submitted resolutions to ...

Albion Venture Capital VCT Campaign

Post Date: August 4, 2019

This campaign is now closed ShareSoc is very concerned by proposed changes to the Albion Venture Capital VCT (AAVC) fees charged by its investment manager Albion Capital. We have therefore launched this campaign, seeking members to vote against various resolutions at the Albion Venture Capital AGM on 21 August 2019. In addition we seek to persuade the Albion Venture Capital directors to agree a better deal with the investment manager. Quick Links Join the campaign Description of the campaign Campaign objectives Information and Updates ...

Blancco (BLTG)

Post Date: January 7, 2018

We have closed this campaign as at 12 May 2022. The campaign achieved one objective of a fine of the auditors KPMG. However the derisory amount £3,500 plus costs of £2,743 questions whether the scale of the offence was fully recognised/punished by the regulator, the ICAEU. At the December 2020 Blancco AGM, the Chairman, Rob Woodward said that: The FCA had posed a number of questions to the Company The Company had answered those questions The Company was never advised that the ...

Redcentric (RCN)

Post Date: November 22, 2016

This campaign is now closed On the 7th November 2016, out of the blue, Redcentric plc published a shock announcement disclosing the discovery of misstatements in the company’s accounts. Unsurprisingly, this announcement precipitated a collapse in the company’s share price from 150p to 63p that day (it had previously traded as high as 200p earlier in 2016 and has subsequently recovered somewhat). The announcement, and subsequent announcements, combined with previous events raises serious concerns for shareholders in Redcentric. On behalf of individual shareholders, ShareSoc is ...

Foresight 4 VCT

Post Date: July 9, 2015

This campaign is now closed Latest news and a form enabling you to join this campaign can be found at the foot of this page. This page was created to inform shareholders in Foresight 4 VCT Plc - a Venture Capital Trust with a patchy performance record. Foresight took over the management of Advent 2 VCT in 2004 and renamed it Foresight 4. In 2012 there were mergers with Foresight Clearwater VCT and with Foresight 5 and the Acuity VCT 3 - the latter two ...

Globo

Post Date: October 9, 2015

This Campaign is now closed. We will inform readers of any developments, from the FCA or others, if and when they arise. A recovery of shareholders' funds is unlikely. This page was created to inform shareholders in Globo Plc about the events in October/November 2015 and thereafter. The most recent developments are summarised in this blog in August 2018 by Roger Lawson https://www.sharesoc.org/blog/regulations-and-law/lax-regulation-globo-grg-and-japanese-trust-agm/. The FRC announced in summer 2018 that they have dropped the investigation on the basis that there is no realistic prospect of ...

Alliance Trust Shareholder Aaction Group (ATSAG)

Post Date: May 17, 2015

This campaign was launched in May 2015 subsequent to the proxy fight by Elliott Advisors to appoint three new directors to the board of the company. ShareSoc supported Elliott and published a press release and a further note on the issues they had raised - see Alliance-Press-Release. Although the board conceded defeat by accepting two of the Elliott nominees and the appointment of another director, several private investors approached ShareSoc as they still had further concerns about the future strategy and ...

Oxford Technology VCTs

Post Date: March 1, 2014

This campaign is now closed (the latest news is at the foot of this page) This campaign was launched in March 2014, following notice from HMRC of the loss of VCT status at two of the Oxford Technology VCTs. The following information was issued in a press release: ShareSoc launches Group for concerned shareholders in the Oxford Technology VCTs The Oxford Technology VCT (OXT) and Oxford Technology 3 VCT (OTT) have announced that HMRC has withdrawn their VCT status. This has been done because one ...

Graphite Enterprise Trust PLC

Post Date: August 9, 2012

The latest news is at the foot of this page. This campaign was launched in August 2012. The following information was issued in a press release: ShareSoc Launches Campaign on Excessive Share Price Discount at Graphite Enterprise ShareSoc (the “UK Individual Shareholders Society”), has launched a Shareholder Action Group in relation to Graphite Enterprise Trust Plc. We have major concerns about the persistent discount to Net Asset Value (NAV) at which the shares of this company trade and some aspects of the corporate governance ...

Campaigns

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