ShareSoc Requisitions for RBS 2018 AGM

ShareSoc-UKSA Requisition for a Special Resolution for the RBS 2018 AGM

RBS Shareholder Committee: We’ve (almost) won, BUT WE NEED YOUR HELP ONCE MORE

Go to instructions for nominee shareholders

Go to instructions for direct shareholders

Dear Supporters,

Great news from RBS! RBS have agreed to have our resolution put to the AGM.

UNFORTUNATELY, they will only agree to this, if the resolution is a SPECIAL Resolution rather than an ordinary one.

So, ONCE AGAIN we have to ask for your co-operation and assistance in signing (yet another) form – there are different variants for direct and nominee shareholders, which you will find below. This time it is only 2 pages!

The deadline RBS have set is March 9th, but we would like to have all the forms sent back by March 1st, just to be sure.

Please sign, scan and email the form directly to RBS at AGM2018@rbs.com and copy me at rbs.campaign@sharesoc.org , so I can keep track that we have enough forms returned. Or, if you prefer, post to me at 29 Greenways, Tadworth, Surrey, KT20 7QE.

We could not have got this far without your support. I apologise for any inconvenience signing this new form causes you, but please be assured that getting the shareholder resolution on the RBS AGM agenda is a huge step forward in making all UK plcs aware of the importance of individual investors and the need for all company Boards to engage more effectively with the shareholders who own each company.

Sincerely yours,

Cliff Weight
RBS Shareholder Committee Campaign Co-ordinator and
Director, ShareSoc

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

If you own your RBS shares via a nominee account click here to download the form named NOMINEE Special Resolution
Print both pages.
On pages 1 and 2, 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.
Fill in your name and address on pages 1 and 2.
Enter the number of RBS shares you own and the fully paid up amount on the first and on the second pages (the fully paid up amount is £1 times the number of shares)
Sign pages 1 and 2.
Scan the form and email the scanned form to AGM2018@rbs.com , copy to rbs.campaign@sharesoc.org . We need a copy to check that RBS have received all the forms.
If you don’t have a scanner then send the form by post to: Cliff Weight, 28 Greenways, TADWORTH, SURREY, KT20 7QE, with a first class stamp please. Please do this today as time short, and 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

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 Special Resolution
Print both pages.
Fill in your name and address on pages 1 and 2.
Enter the number of RBS shares you own and the fully paid up amount on the first page and on page 2 (the fully paid up amount is £1 times the number of shares) so, if you only own 1 share, this is 1 and £1.
Sign pages 1 and 2.
Scan the form and email the scanned form to AGM2018@rbs.com , copy to rbs.campaign@sharesoc.org . We need a copy to check that RBS have received all the forms.
If you don’t have a scanner then send the form by post to: Cliff Weight, 28 Greenways, TADWORTH, SURREY, KT20 7QE, with a first class stamp please. Please do this today as time short, and 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

Frequently Asked Questions

Q: I previously signed a request for a discussion about shareholder committees at the 2108 RBS AGM. Have RBS accepted this request?
A: Yes. The discussion request has been accepted. RBS have only objected to the ordinary resolution request and asked that it be resubmitted as a SPECIAL resolution, which is why we are asking you to sign this new form.

Q. What is the deadline?
A. RBS want 100 plus forms returned by March 9th. We have set ourselves a deadline of March 1st, to provide a bit of slack in case we have difficulty in getting all our supporters to sign yet another form. BUT, please do it immediately, we do not want to have to call you.

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: The date shown on the form is 1st March. Should I amend this to today’s date?

A: No. We have pre-completed the date in a manner agreed with RBS. Please leave it as shown on the from.

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

A. Yes. Send them to AGM2018@rbs.com, copied 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: 165 people supported the previous 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 manager	Nominee Name	Address

AJ Bell	Lawshare Nominees Limited	Trafford House, Chester Road, Manchester, M32 0RS
Alliance Trust Savings	Alliance Trust Savings Nominees Limited	PO BOX 164, 8 West Marketgait, Dundee, DD1 9YP
Barclays Stockbrokers	Barclayshare Nominees Limited	1 Churchill Place, London, E14 5HP
Bank of Scotland Share Dealing Halifax Share Dealing Lloyds Bank	HSDL (Halifax Share Dealing Limited) Nominees Limited	Lovell Park Road, Leeds, LS1 1NS
Beaufort Securities Limited	Beaufort Nominees Limited	Finsgate, 5-7 Cranwood Street, London, EC1V 9EE
Charles Stanley	Rock Nominees Limited	55 Bishopsgate, London, United Kingdom, EC2N 3AS
Hargreaves Lansdown	Hargreaves Lansdown (Nominees) Limited	One College Square South, Anchor Road, Bristol, BS1 5HL
HSBC HSBC Invest Direct	HSBC Client Holdings Nominee (UK) Ltd	8 Canada Square, London, E14 5HQ
iDealing.com Limited	iDealing Nominees Limited	3rd Floor, 114 Middlesex Street, London, E1 7HY
Interactive Investor	Interactive Investor Services Nominees Limited	Exchange Court, Duncombe Street, Leeds, West Yorkshire, LS1 4AX
Rathbones Investment Management	Rathbone Nominees Limited	Port of Liverpool Building, Pier Head, Liverpool, L3 1NW
The Share Centre	SHARE NOMINEES LIMITED	OXFORD HOUSE, OXFORD ROAD, AYLESBURY, BUCKINGHAMSHIRE, HP21 8SZ
TD Waterhouse	Interactive Investor Services Nominees Limited	Exchange Court, Duncombe Street, Leeds, West Yorkshire, LS1 4AX

Group description:	Following the launch of the SIGnet Technical Traders groups, it was identified that there were a number of members who use fundamental and other information as their main source of choosing companies to invest in, who would find some understanding of technical analysis helpful to identify good entry and exit points for their investments. This new SIGnet Technical Analysis in Support of Investing group is therefore being launched and we welcome members of all levels of experience to join.
Meeting Type/Venue:	Online via Zoom
Meeting Frequency/Timing:	There will be an initial Zoom meeting on Monday 29th April at 7pm to launch this group, please email info@sharesoc.org if you are interested in joining.

Group description:	All levels of experience welcome. A typical meeting agenda includes: – Macro Environment – Trades: Members review existing positions and identify securities with promising TA entry patterns or setups and with suitable risk/reward. Any security, long, short, futures, options may be considered. The convener takes actual positions in trades and maintains his own detailed ledger, accurately measuring performance of individual securities and cumulative activity. Members are notified by e-mail prior to the entries or exits that are decided upon. Following each meeting an updated copy of the ledger is circulated together with the next meeting agenda. Members may wish to maintain similar ledgers of their own but there is no obligation to do so. – Technical Analysis: Techniques and systems used in trades. Members can request discussion of particular aspects of TA.
Meeting Type/Venue:	Online via Zoom
Meeting Frequency/Timing:	The first Tuesday of every month from 7 to 9pm

Group description:	A new in person group coming soon! Keep and eye on our Events page to register for the launch meeting.
Meeting Type/Venue:	In person
Meeting Frequency/Timing:	TBC

Group description:	Open to all investors / people with an interest in investing. Typical meeting will involve members talking about recent purchases, successes, failures and possible future purchases. Also with occasional visiting speakers or members making presentations on a topic of interest.
Meeting Type/Venue:	We aim to meet on the last Tuesday of each month in a private room at a pub in Playhatch. Start time 7pm with members encouraged to meet up around 6pm for a bite to eat / drink before hand, if their diaries allow.
Meeting Frequency/Timing:	7pm on the last Tuesday of the month. Meetings likely to last about two hours but with informal ‘overspill’ before / after.

Group description:	This group was set up as a forum to discuss companies in detail, each company is introduced by a member and discussion may last one or two hours. Membership is by invitation only and is for experienced investors.
Meeting Type/Venue:	The group meets at a venue in Waterloo, London.
Meeting Frequency/Timing:	Meetings are on Tuesday mornings at two month intervals.

Group description:	Our group members have wide ranging investment experience and work backgrounds. Discussion topics include reviewing our recent stock or collective investment buying and selling activity, plus what we are considering buying or selling and the reasons for our decisions. We also have a wider discussion on where we think opportunities might arise in the next few months and what we think needs to be avoided. Members occasionally lead discussions on specific topics such as recent events attended, articles or books of interest and sources of investment ideas and information.
Meeting Type/Venue:	During the pandemic our meetings were held on Zoom, but we have now resumed meeting in person at a location a few miles to the west of Colchester. Most meetings will now be in person, but it is possible that occasional meetings will be held on Zoom in special circumstances.
Meeting Frequency/Timing:	We meet midweek every two months. Zoom meetings run for about two hours from 10.30am and in person meetings from 11am until about 3pm, including a break for lunch.

Group description:	Our group is a broad church that contains investors of varying age and experience. We discuss stocks and investment trusts that we have bought, sold or are interested in and the reasons behind our decisions, and try to make sense of the ever changing investment environment. Our members backgrounds are diverse and include corporate banking, engineering, teaching and the leisure industry. Discussions are robust and challenging but tend to be to be informal, and do not generally involve agendas, presentations or detailed preparation. We are a friendly and approachable group who welcome investors of all levels – we just ask that you contribute, at whatever level you can.
Meeting Type/Venue:	Our meetings are held in a very nice pub near to South Ealing tube station (Piccadilly Line), not far from Ealing Broadway (District, Central and Elizabeth Line). Group numbers permitting (and assuming members are happy to purchase food and drink from the bar), we may also have access to a private room in the pub.
Meeting Frequency/Timing:	We meet every 2 months, usually on a Wednesday morning at 11am.

Group description:	An online group for those who are new to investing. Including topics such as how to buy and sell shares, unit trusts, investment trusts, exchange traded funds and diversification, tax and how to save it, pensions, portfolio management and research tools, other asset classes and basic technical analysis.
Meeting Type/Venue:	Online using Zoom.
Meeting Frequency/Timing:	Meetings are usually held on the 1st Monday of the month at 7:15pm.

Group description:	Group focused on active investing, primarily in small / medium cap UK equities.
Meeting Type/Venue:	Regular Zoom meetings interspersed with occasional face to face meetings and social activities in the North West.
Meeting Frequency/Timing:	Monthly on Saturdays at 10am.