Investor’s Chronicle published an opinion piece where the author states that individual investors have more chance of meeting companies if they are members of organisations like ShareSoc.
Why exclude small shareholders? That comes down to diary pressure. When I worked in investor relations, we had to reserve dates several months in advance. The largest long-term shareholders had priority. A few were met twice a year rather than just the once. We favoured large potential long-term investors over short-term holders. We vetted those attending – our credibility would be on the line if we fielded fund managers who asked facile questions. Brokers and organisations like ShareSoc, who can muster a group of self-selected well-informed private investors, ought to qualify.