I attended the Annual General Meeting of Victoria yesterday in Kidderminster. This carpet manufacturer was the scene of a battle last year between major shareholders who wanted to change the board, and the “old guard”. The former eventually won after a series of general meetings. You can read the full story in various press releases that ShareSoc issued at the time, plus reports on previous meetings on this page.
Apart from the depressed state of the retail carpet sector, the wholly unnecessary ...
This is an expanded version of the initial ShareSoc blog report on the Victoria General Meeting held on the 3rd October.
The Victoria General Meeting in Birmingham would have been livelier but for the fact that the votes received before the meeting were displayed on a screen as the meeting commenced (not best practice of course, as it tends to affect the vote subsequently taken, but the poll results were even more explicit). This made it clear that the outcome was a ...
Yesterday I attended the Annual General Meeting of Victoria Plc. Bearing in mind the recent events
at this company, I expected it to be a lively affair and so it turned out to be. With another General
Meeting having been requisitioned to remove some of the directors and add others which will take
place probably in early October, one could perceive this meeting to be simply a preamble to the
main fight. But the arguments were well rehearsed at this one.
It’s best to give some ...