AGM Reports

AGM Reports

Our library contains reports on the Annual General Meetings of a large number of listed and quoted companies that our members have attended. This unique resource provides valuable insights for investors in those companies, not available anywhere else.

You will find summaries of our AGM reports on this page. You can also search for reports on a specific company, using our “Research” feature. Only full members of ShareSoc can view the full details of our AGM reports and need to login to do so. If you wish to gain access, click here to become a full member, for less than 90p/week and gain full access to our library of hundreds of AGM reports, as well as other member benefits.

If you are already a full member and are still having any difficulty accessing our reports, please contact the ShareSoc Office.


Reckitt Benckiser (RB.) AGM 2018

On 3 May 2018, I attended the Annual General Meeting of Unilever in the Marriott Hotel, near Heathrow airport, which started at 11.15 AM. The previous day I had attended the Unilever AGM so it is interesting to compare these two companies Unilever Reckitt Market cap about £110bn £40bn Turnover Euro 54bn £11.5 bn Profit after tax of Euro 6.5 bn £3.4 bn Dividend increase 8% 7% Profit margins 17% 59.7% Return on capital 19% (ROIC) 10% (ROCE)     I was the proxy for DSW (the German equivalent of UKSA/ShareSoc) whose members held some 217,000 RB shares and wanted someone from either UKSA ...

Forbidden Technologies (FBT) AGM 2018

This year’s Forbidden Technologies AGM was held at the Company’s HQ: Tuition House, 27-37 St Georges Road, Wimbledon SW19 4EU, commencing at 14:00 pm on Monday 30th April 2018 For investors who are unfamiliar with Forbidden Technologies, the company’s primary business is to provide high-performance cloud video services for media makers and broadcasters. FBT was founded by Stephen Streater (SS) following his departure in 1999 from the Games developer Eidos, which he founded in 1990. FTB subsequently floated on AIM in 2000, raising ...

Verona Pharma (VRP) AGM 2018

This year’s Verona Pharma AGM was held at 9.00 a.m. on Wednesday 2nd May 2018 at The London offices of NASDAQ, Woolgate Exchange, 25 Basinghall Street, London EC2V 5HA For investors who are unfamiliar with the company, Verona is a clinical stage Pharmaceutical company currently focused on developing just one asset, RPL554, which has a unique mechanism of action (PDE3/PDE4 inhibition). RPL554 is currently being developed for the treatment of COPD and Cystic Fibrosis. The company listed on Aim in 2006 through a ...

Rightmove Plc (RMV) AGM 2018

On Friday I attended the annual general meeting of Rightmove Plc at the central London offices of UBS. For the few that haven’t heard of Rightmove, the company is the UK’s largest property portal, with over 1 million residential properties advertised on the website. Financial highlights from the year ending 31st December 2017 are revenue up 11%, operating profit up 10%, dividend up 14% giving a yield of 1.2%. With only 1 other shareholder present (who I gather has been a long-term ...

UNILEVER (ULVR) AGM 2018

On 2 May 2018, I attended the Annual General Meeting of Unilever (ULVR)in the Queen Elizabeth Hall conveniently situated close to Waterloo station, which started at 10:30 AM. Prior to that we were served a choice of PG Tips and Lipton's and other Unilever brands. I am a 30 year shareholder in Unilever and very pleased with performance. Unilever is a hugely complex company with about £110bn market cap, Euro 54bn turnover, Profit after tax of Euro 6.5 bn and 8% dividend increase. ...

RTC (RTC) AGM 2018

Last week (18/4/2018) I attended the Annual General Meeting of RTC Plc (RTC) in the very splendid offices of Gowling WLP at 4 More London Riverside with wonderful views of the Tower of London. Here’s a brief report on the event. There were about a dozen ordinary shareholders present, three directors (the only NED, Mr May, was ill and unable to attend) and the auditor who arrived late. RTC is a tiny £8m market cap company. Although it has a turnover of ...

Driver Group AGM 2018

I was pleased to attend yesterday my first AGM for Driver Group (DRV), a UK based consultancy services business comprising two separate entities namely Driver Trett (Construction Claims / Disputes) and Diales (Expert Witness). I have been aware of this business for a number of years but have only recently invested after a change in management and refinancing around the middle of last year. The Group has... Click here for the complete AGM report if you are a full member of ShareSoc, as these ...

CML Microsystems (CML) – Report and Presentation 2018

These are notes taken by Alan Grant (Member) from a CML presentation he saw in Manchester on 20th February 2018. His notes reference a slide pack which you can see attached. Slide 2 Introduction to products CML customers are industrial and apart from 2 customers at 30% of business (looking to reduce by expansion of business) no other single customer accounts for more than 6% of turnover. Data storage and RF communications are their two sectors, but they are looking to add a third ...

Chrysalis VCT (CYS) AGM 2018

Last week (27/2/2018) I attended the Annual General Meeting of Chrysalis VCT Plc (CYS) in the City of London. Here’s a brief report on the event. There were about half a dozen ordinary shareholders present, the three directors and fund management representatives despite the difficult travel conditions. Chrysalis is of course a venture capital trust but somewhat different to many VCTs. It has a good performance record in recent years but does not undertake share buy-backs. As a result the shares trade ...

Northern Venture Managers Investor Seminar (NVT) 2018

I attended the annual Northern Venture Managers Investor Seminar at the British Museum on 28th February. Before the meeting started I mingled with the guests and bumped into Simon Constantine, Chairman of Northern Venture Trust PLC. He clearly knew of ShareSoc and had corresponded with us in the past. He mentioned that the VCT industry’s investment managers including NVM had recently formed a lobbying association which was actively engaged with Govt on the matter of tax incentivised investments. The group had been ...