ShareSoc Requisitions for RBS 2018 AGM

ShareSoc is now calling on all RBS shareholders supporting our campaign for a shareholder committee at RBS to complete, sign and return requisition forms to us ASAP, using the instructions provided on this webpage.

We need your signed forms in our hands no later than December 28, but you would give us peace of mind by returning the forms today. Time is of the essence, especially allowing for Christmas postal delays. Please send the resolutions explained and provided below, completed, by mail to Cliff Weight, 28 Greenways, TADWORTH, SURREY, KT20 7QE. Please do everything today, put it in the post and send a confirmatory email to rbs.campaign@sharesoc.org as soon as you have done so.

We need all your signatures no later than December 28, but you would give us a lot of peace of mind if you send back the resolutions today. The post does sometimes take a long time. We will bring your signed resolutions to the RBS headquarters, so that this is on the agenda of the shareholders’ meeting in May 2018.

There are two different sets of forms and instructions, according to whether you are a direct or a nominee shareholder. Click the appropriate link below to be taken to the relevant instructions for either case. You own your RBS shares directly only if you have with a paper certificate or hold them within a Personal Crest Account. in all other cases your shares are in a nominee account. Note that most shareholders’ shares are held in nominee accounts. This is mandatory if your shares are in an ISA or a SIPP. For more on understanding nominee accounts, visit this page. If you’re still not sure how your shares are held, please contact us for assistance.

Go to instructions for nominee shareholders

Go to instructions for direct shareholders

Explanation of resolutions and Q&A

 

Instructions for nominee shareholders

  1. If you own your RBS shares via a nominee account click here to download the form named NOMINEE
  2. Print all 5 pages.
  3. On pages 1 and page 4, Fill in the nominee account name and address. This is the name of the nominee account provider and their address. There is a list of the most popular nominee account names and addresses here.
  4. Fill in your name and address on page 1 and 4.
  5. Sign pages 1, 3, 4 and 5.
  6. Enter the number of RBS shares you own and the fully paid up amount on the first page and on page 4 (the fully paid up amount is £1 times the number of shares)
  7. Send it to: Cliff Weight, 28 Greenways, TADWORTH, SURREY, KT20 7QE, with a first class stamp please.
  8. Send an e-mail to rbs.campaign@sharesoc.org with the words “FORMS IN POST” in the subject line, as soon as the envelope is in the post, confirming it is on the way.

 

Instructions for direct shareholders

  1. If you own your RBS shares directly (ie with a paper certificate or with a Personal Crest Account) click here to download the form named DIRECT
  2. Print all 5 pages.
  3. Fill in your name and address on pages 1 and 4.
  4. Sign pages 1, 3, 4 and 5.
  5. Enter the number of RBS shares you own and the fully paid up amount on the first page and on page 4 (the fully paid up amount is £1 times the number of shares)
  6. Send it to: Cliff Weight, 28 Greenways, TADWORTH, SURREY, KT20 7QE, with a first class stamp please.
  7. Send an e-mail to rbs.campaign@sharesoc.org with the words “FORMS IN POST” in the subject line, as soon as the envelope is in the post, confirming it is on the way.

 

Explanation and Q&A

Why are there two documents?

RBS has in the past rebuffed attempts to requisition AGM resolutions on Shareholder Committees on very tenuous technical grounds. This year the RBS Shareholder Committee Campaign members have proposed a very simple and straightforward ordinary resolution for a Shareholder Committee which will be purely advisory and have no specific powers.

RBS have refused to confirm that they will accept that resolution, and for that reason we are also asking you to sign a request for a matter to be included in the AGM. The purpose of this second document is to ensure there is a debate at the AGM, even if RBS refuses to table the first document.

We count on you and will keep you informed.

Warm greetings on behalf of the RBS Campaign Team, which includes the directors of UKSA and ShareSoc.

Cliff Weight
RBS Shareholder Committee Campaign Coordinator

Deadline: Thursday, December 28th 23:59, but please do it immediately, we do not want to have to call you.

Frequently Asked Questions

Q: What is the fully paid up amount?

A: RBS shares have a fully paid value of £1. So, the fully paid up amount is the number of shares you own, times £1.

Q. Can I scan the documents and email them back to you?

A. Yes. Send them to rbs.campaign@sharesoc.org with the words “SCANNED FORMS ATTACHED” in the subject line.

Q: Will we get 100 signed requisition forms in time? Is mine essential?

A: Over 120 people have confirmed their intention to support the resolution. We need your support to ensure that we meet the minimum 100 requirement.

In addition, the more forms we receive the easier it will be for RBS to be comfortable that the minimum requirement has been met. In theory they may have to check every single nominee account, but if we have a margin then testing only a statistically valid sample may be regarded as adequate proof.

Also, the more forms we submit the greater the impact that our campaign portrays.

Q. What happens if the Resolution is put to the AGM and fails to get the required votes to be passed?

A. We will try again in 2019. We have already learnt a lot about how to organise the requisition of an AGM resolution. If we need to do it again, we be more effective.

Q. My company owns the shares. Can I sign?

A Yes, but add the words “NAME of Director, authorised signature on behalf of COMPANY NAME ___________”

Q. I have RBS shares in both nominee and Directly owned. Which form should I use? Should I use both?

A. Just complete the Direct form and only put down the number of shares you directly own. This is the safest way to guarantee that RBS will not object to your form!

Q. Can I forward this on to my friends and acquaintances who might be interested in supporting the RBS Campaign?

A Yes, please do this.

 

Who is your Nominee Account provider?

Return to nominee shareholder instructions

The following list was compiled in Dec 2016 and updated in November 2017, but you may wish to check with your provider that the nominee details are correct. Please let us know of any changes.

Stockbroker/ asset manager/ wealth managerNominee NameAddress
AJ BellLawshare Nominees LimitedTrafford House, Chester Road, Manchester, M32 0RS
Alliance Trust SavingsAlliance Trust Savings Nominees LimitedPO BOX 164, 8 West Marketgait, Dundee, DD1 9YP
Barclays StockbrokersBarclayshare Nominees Limited1 Churchill Place, London, E14 5HP
Bank of Scotland Share Dealing Halifax Share Dealing Lloyds BankHSDL (Halifax Share Dealing Limited) Nominees LimitedLovell Park Road, Leeds, LS1 1NS
Beaufort Securities LimitedBeaufort Nominees LimitedFinsgate, 5-7 Cranwood Street, London, EC1V 9EE
Charles StanleyRock Nominees Limited55 Bishopsgate, London, United Kingdom, EC2N 3AS
Hargreaves LansdownHargreaves Lansdown (Nominees) LimitedOne College Square South, Anchor Road, Bristol, BS1 5HL
HSBC HSBC Invest DirectHSBC Client Holdings Nominee (UK) Ltd8 Canada Square, London, E14 5HQ
iDealing.com LimitediDealing Nominees Limited3rd Floor, 114 Middlesex Street, London, E1 7HY
Interactive InvestorInteractive Investor Services Nominees LimitedExchange Court, Duncombe Street, Leeds, West Yorkshire, LS1 4AX
Rathbones Investment ManagementRathbone Nominees LimitedPort of Liverpool Building, Pier Head, Liverpool, L3 1NW
The Share CentreSHARE NOMINEES LIMITEDOXFORD HOUSE, OXFORD ROAD, AYLESBURY, BUCKINGHAMSHIRE, HP21 8SZ
TD WaterhouseTD Direct Investing Nominees (Europe) LimitedExchange Court, Duncombe Street, Leeds, West Yorkshire, LS1 4AX
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