BAE SYSTEMS PLC (BA.)

BAE SYSTEMS PLC (BA.)

AGM Reports

BAE (BA.) AGM Report 2013 – Olver’s swansong disrupted by political activists

This morning BAE Systems held it’s Annual General Meeting in a converted hangar in Farnborough - the location of the company’s headquarters of course. There were probably about 300 shareholders present, but as many as a third of them seemed to be protestors unhappy with the company’s activities – and mainly of the view that weapons kill people and the company should be a lot more careful about what they sell and who they sell them to. Before commencing the meeting, shareholders ...

ShareSoc News

ShareSoc Recommends Voting Against Chairman Dick Olver, at the BAE Systems AGM

PRESS RELEASE 44 (31/03/2013) ShareSoc recommends shareholders vote against the re-election of Chairman Dick Olver at the BAE Systems AGM on the 8th May, and against the Remuneration Report and some of the other resolutions. See this note which we have sent to supporters of the ShareSoc campaign on BAE for more information: www.sharesoc.org/BAE_Newsletter_5.pdf ShareSoc has been campaigning for the removal of Mr Olver since the aborted merger with EADS. More information on our campaign is here: www.sharesoc.org/campaigns4.html For further information, please ...

ShareSoc celebrates second anniversary

PRESS RELEASE 43 (01/03/2013) In February 2010 the UK Individual Shareholders Society (ShareSoc) was launched as an organisation to represent private investors. Since then the Society has recruited over 2,500 members and has actively worked to promote their interests. ShareSoc has run a number of campaigns on companies where we identified significant issues of concern to shareholders including Rensburg AIM VCT, Graphite Enterprise, Intercede Group, Lighthouse Group and BAE Systems, and achieved significant share price performance improvement in the first two. Intercede ...

ShareSoc Calls for Change at the Top of BAE Systems Plc

PRESS RELEASE 40 (23/10/2012) Following the collapse of the merger talks between BAE Systems and EADS, ShareSoc is launching a campaign which calls for the Chairman and Chief Executive of the company to step down. In our view the idea that this merger would gain the widespread support of shareholders (including the votes controlled by other European Governments in EADS) was misconceived from the beginning. In addition we have seen no good business justification put forward for the merger, and it potentially ...