Blogs

Latest Blogs

finnCap Cracks the Whip at Akers Bioscience

Post Date: October 8, 2018

Akers Bioscience (AKR) issued a most unusual announcement this morning: https://www.investegate.co.uk/akers-biosciences--akr-/rns/directorate-change---other-information/201810080700052072D/ Of particular interest is this statement: finnCap Ltd, the Company's Nominated Adviser on the AIM market of the London Stock Exchange, gave the Company formal three months' notice of its resignation as the Company's Nominated Adviser and Broker on October 6, 2018. finnCap has also informed the Company that its resignation will be accelerated so as to take immediate effect if the whole Board of Directors does not attend an AIM Rules briefing ...

Soukup Soaks Up More Voting Power at Thalassa

Post Date: October 5, 2018

There was an interesting RNS out yesterday for Thalassa (THAL). Following an amendment to the Company’s Memorandum and Articles of Association, and without a shareholder vote, each shareholder was issued with one Preference Share for each Ordinary Share held. Each Preference Share carries 10 votes, and given that they were given out on a one for one basis to Ord holders, it seems fair and simply multiplies the total voting rights by 11. (1 plus the 10 new votes per old ...

Time to open an account with AJ Bell?

Post Date: September 23, 2018

Please note that ShareSoc does not recommend particular platforms, but aims to keep members aware of their relative merits. The Daily Mail reports today https://www.dailymail.co.uk/money/comment/article-6196807/JEFF-PRESTRIDGE-Investing-platform-sends-message-clear-Bell.html the good news that: "AJ Bell has decided that its customers should not be left out of the impending stock market party. Anyone who has an account with the platform when October 15 comes around will be eligible to apply for shares(minimum of £1,000). While AJ Bell is dwarfed by Hargreaves Lansdown – and probably always will be – the ...

Individual Investor access to Conference Calls and Research

Post Date: September 17, 2018

ShareSoc had a very useful meeting with Allenby Capital on 13 September, who are interested in individual investors and understand the need for a balanced shareholder register. Allenby publish all their research on their website and if you register, input your email address and self certificate you can access their research for free. see http://www.allenbycapital.com/research.html I wish all firms undertaking research were so enlightened. We also talked about making open days and conference calls open to all investors. I note that today Tern have announced ...

Shareholder rights, letters to MPs and questions at AGMs – An Update

Post Date: August 17, 2018

Over 20 members have to my knowledge written to their MPs (as we requested) and a number of members have asked questions at AGMs. We have certainly raised the issue. The Minister (or most likely his civil servants) have produced what looks like a standard response which is being sent to those MPs who contacted Greg Clarke MP, the Secretary of State. Their response argues that the UK does not have to follow the intent of the EU Shareholder Rights Directive and ...