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.


Northern 2 VCT AGM Report 2022 – Far From Perfect

I attended the Annual General Meeting of Northern 2 VCT (NTV) today (10/8/2022). This is a Venture Capital Trust with a decent long-term performance but last year the total return was only 0.8% after a very good prior year. I made some negative comments two years ago about how the AGM at this company was run – I called it “totally undemocratic”, and that didn’t really change this year. This was a “hybrid” AGM in that there were a few shareholders in ...

GB Group AGM

Today (28/07/2022) I attended the Annual General Meeting of GB Group (GBG) via the Lumi online platform. This worked well as one could both submit questions and vote via the platform. It appeared there were few attendees either physically or on-line as I was the only person who submitted any questions. I asked why not all directors were up for re-election which is now considered best practice. The answer from the Company Secretary was that this was not a requirement for AIM ...

Telecom Plus AGM 2022

Today (26/07/2022) there were two Annual General Meetings for companies in which I hold shares – TR Property Investment Trust (TRY) and Telecom Plus (TEP), both of which are long-standing holdings. I didn’t manage to attend either physically because I had an appointment at Guy’s Hospital in the morning. Click here to read a report on the TR property AGM The AGM for Telecom Plus was also run as a hybrid meeting. There was a resolution put to the meeting to revise the ...

TR Property AGM 2022

Today (26/07/2022) there were two Annual General Meetings for companies in which I hold shares – TR Property Investment Trust (TRY) and Telecom Plus (TEP), both of which are long-standing holdings. I didn’t manage to attend either physically because I had an appointment at Guy’s Hospital in the morning. However I did manage to log in to watch most of the TRY meeting including the manager’s presentation by Marcus Phayre-Mudge which was very interesting. I’ll only cover a few points as you ...

Invesco Bond Income Plus (BIPS) AGM 2022

This report represents the author's views and interpretation of the AGM proceedings. It does not comprise verbatim notes. To maintain a diverse investment portfolio and as an income-focused investor, I have a target of 9% allocated to fixed income securities. For quite some time, I was way below this allocation, as I saw few attractive opportunities in this asset class. More recently, my attention was drawn to Invesco’s BIPS investment company. BIPS invests in high yield corporate bonds. It offers a diverse ...

Tesco AGM Report 2022

This is the Personal View Point of Cliff Weight and does not necessarily reflect ShareSoc Policy. Cliff Weight is a director of ShareSoc. Cliff  owns shares in Tesco, having first bought in 1987. He is also a customer of Tesco. Nothing in this article should be viewed as advice. Introduction I attended the Tesco AGM on Friday 17 June 2022 which was held at the Tesco Head Office in Welwyn Garden City. About 200 people attended, which included quite a few employees (my guess c 50). There are 227,285 ...

Northern Venture Trust AGM Report 2022

I attended the Northern Venture Trust (NVT) AGM this morning (6th January) via Zoom. This trust gave a good performance last year and the AGM was well organised in some ways with shareholders both attending physically and via Zoom (i.e. it was a hybrid meeting but all votes had to be submitted in advance). Tim Levett representing the fund manager gave a presentation on the historic results and covered one or two other points. He specifically mentioned the “sunset clause” on dividend ...

Crown Place VCT AGM Report and AIC Survey of ESG Interest

I attended the Crown Place VCT (CRWN) Annual General Meeting today via the Hopin platform. This worked well with no technical hitches. I have held the shares in this company for a very long time. It was one of those VCTs with a difficult history originally when it was formed from three Murray VCTs. After Albion took over management it has had a good track record. Total return in the last 5 years has been 14.0%, 14.6%, 11.2%, -0.6% and 15.9% last ...

The Second of Two Unsatisfactory AGMs: City of London Investment Trust 2021

My report on the first unsatisfactory AGM can be found here. The second AGM I attended was that of City of London Investment Trust (CTY). I commented on this company when they published their Annual Report earlier this month. My view on the company has not changed from attending the AGM. Too much emphasis on maintaining the dividend record by investing in high dividend paying companies rather than looking at total return. This was a hybrid AGM with attendees both present in person ...

The First of Two Unsatisfactory AGMs: Ideagen 2021

This week I attended two Annual General Meetings – or at least attempted to do so. The first was of Ideagen (IDEA) an AIM company. This was an “electronic” AGM with no physical attendance, held on the Lumiagm platform. I tried to log in with the Shareholder Reference Number given on my dividend certificates (I am on the share register) but it rejected it. Apparently the prefix needed to be ignored. I contacted the support email address but by the time I got ...