SHARE PLC (SHRE)

SHARE PLC (SHRE)

Blog posts

Unsatisfactory Avast AGM, and Designated Accounts

I “attended” the Avast (AVST) Annual General Meeting today. This was of course held on-line using Zoom with only one director in physical attendance (Warren Finegold) who chaired the meeting. Zoom seems to be becoming the de facto standard for on-line meetings. The Chairman of the company, John Schwarz, gave a brief presentation backed up by some slides. To summarise, it was another strong year of growth and profitability. A new CEO is now in place. EBITDA was up 8% with strong ...

Share Centre Takeover and Holding Unlisted Shares

This morning it was announced that the Share Centre (Share Plc: SHRE) were recommending a takeover bid from Antler Holdco, the holding company of Interactive Investor and the ii...

Offer for Share Centre Canned and Changes at Charles Stanley

Interactive Investor Services have announced they do not intend to make an offer for the Share Centre (Share Plc – SHRE) as previously mooted. That’s probably a relief for users of that platform. But users of the Charles Stanley (CAY) broking services may have concerns as the company announced this morning that they are going to simplify and standardise their service to cut costs and improve the service to clients. Some staff will be cut but the impact on customers is not ...

AGM Reports

Share Plc (SHRE) AGM Report 2013– revenue down, profit down, dividend up

Share Plc is one of the largest retail stockbrokers in the UK (they operate under the name of “The Share Centre”, and are listed on AIM under the EPIC code SHRE). The company was founded by Gavin Oldham who has a controlling stake in the company. An announcement on the morning of the AGM contained the news that the long-standing Chairman, Sir Martin Jacomb, was retiring and Mr Oldham was taking over as “Executive Chairman”. Richard Stone, the current COO and ...