Sprue Aegis

Sprue Aegis (SPRP) Business Review

The directors of Sprue Aegis have agreed to answer ShareSoc Members questions on Wednesday the 27th April following the recent trading statement (profit warning) and after the results announcement on the previous day. This event will commence at 6.00 pm and last approximately one hour. It will be at the office of Tavistock Communications at: 131 Finsbury Pavement, London, EC2A 1NT. If you plan to attend please tell us by using the ShareSoc Contact page here: Contact - mention “Sprue Aegis ...
23rd April 2016 Read more

Lakehouse, Stock Spirits and Sprue Aegis

I commented on the affairs of Lakehouse and Stock Spirits in the last ShareSoc newsletter. Both companies had been attacked by unhappy shareholders who had submitted requisitions to change certain directors, a process that seems to be becoming more common of late. Both situations have now to been resolved to a great extent. At Lakehouse the Chairman Chris Geoghegan is departing forthwith, with the three new directors proposed by the requistioners being appointed to the board as non-executive directors including founder Steve ...
20th April 2016 Read more

Future ShareSoc Events – London and Manchester

ShareSoc has two Growth Company Seminars coming up in the next couple of weeks. On the 21st October we have Sphere Medical, Sprue Aegis, EG Solutions and Venture Life presenting in the City of London and on the 28th October we have Safestyle, Redx Pharma and Tracsis presenting in Altrincham near Manchester. These are all interesting small cap companies and this is a great opportunity to ask questions of the management of these companies and meet other investors. In the latter ...
14th October 2015 Read more

The Wonders of LTIPs, Pay at WPP and the Sprue Aegis AGM

Yesterday (3/6/2015), I attended the Annual General Meeting of Sprue Aegis (SPRP). Before discussing what was said at that meeting, it's worth reviewing a recently issued report by the High Pay Centre entitled "No Routine Riches".  It's a devastating critique of how the existing systems of "performance related pay" for directors has worked. To quote from the report: "We have looked at the growing complexity of awards that has pushed directors’ pay into the stratosphere, and found there is little discernible link ...
4th June 2015 Read more