More Media Coverage of EDGE VCT

The Telegraph report that “The chairman of ITV is facing an investor rebellion over his role at an obscure investment trust amid claims that he and other directors have presided over a corporate governance fiasco.” https://www.telegraph.co.uk/business/2021/11/08/itv-chairman-faces-backlash-investment-trust/ has now been picked up by various other news outlets including:

Thomson Reuters who said:

The chairman of ITV Sir Peter Bazalgette is facing an investor rebellion over his role at an obscure investment trust amid claims that he and other directors have presided over a corporate governance fiasco. He is under fire over his 17,500 pounds-a-year role as independent director at Edge Performance Venture Capital Trust (VCT).

ShareCast who said:

The chairman of ITV is facing an investor rebellion over his role at an obscure investment trust amid claims that he and other directors have presided over a corporate governance fiasco. Sir Peter Bazalgette is under fire over his £17,500-a-year role as independent director at Edge Performance Venture Capital Trust (VCT). The campaign group ShareSoc claims the 68-year-old arts grandee “cannot be relied upon” after he failed to declare past links with Edge’s fund manager, David Glick.

LSE (London South East) who also said:

The chairman of ITV is facing an investor rebellion over his role at an obscure investment trust amid claims that he and other directors have presided over a corporate governance fiasco. Sir Peter Bazalgette is under fire over his £17,500-a-year role as independent director at Edge Performance Venture Capital Trust (VCT). The campaign group ShareSoc claims the 68-year-old arts grandee “cannot be relied upon” after he failed to declare past links with Edge’s fund manager, David Glick.

 

It is always good news when a story gets repeated. ShareSoc’s write up of the Telegraph article is here

https://www.sharesoc.org/media-mention/telegraph-9-nov-2021-edge-performance-vct-itv-chairman-faces-backlash-at-investment-trust/

and the story about the resolutions is here:

https://www.sharesoc.org/sharesoc-news/edge-shareholders-requisition-general-meeting-to-remove-3-directors-and-appoint-richard-roth-as-a-director/

 

Cliff Weight, Director ShareSoc and ShareSoc Edge Campaign leader (one of them)

Disclaimer: I own Edge H and I Class shares.