Whitbread

It’s Getting More Difficult to Vote

It’s certainly getting more difficult to vote of late, and I am not talking about voting at General Elections but just for resolutions at the General Meetings of companies we own. This seems to be a particular problem with Capita Registrars. Here’s some examples: Whitbread: As a personal crest member, I am on the register and expect to be sent an annual report and proxy voting form (and at least the latter on paper). But no longer it seems. Whitbread only ...

Company Results – Alliance Trust, LSE and Whitbread

This morning Alliance Trust announced their results for the year ending December 2015. This company has been the subject of a campaign by ShareSoc (see https://www.sharesoc.org/alliance.html ) and Elliott Advisors were also aggressive in demanding changes before Alliance's last Annual General Meeting but then committed to a truce for one year. Subsequently the Chairman Karin Forseke and Chief Executive Katherine Garrett-Cox have departed and the board has otherwise been restructured. This followed some years of underperformance which resulted in a wide ...