Laggards

Laggard Direct Line Group: How Not to Do Covid-19 Affected AGMs

In common with many other companies, Direct Line Group has "taken the easy way out" of handling its AGM when shareholders cannot attend in person due to Covid-19 restrictions. In this announcement of 21st April, Direct Line confirms that shareholders will not be able to physically access their AGM. Only proxy votes may be submitted. Direct line also say: Shareholders may send any questions about the business of the AGM to the Company Secretary at the Company's registered office or by email to ...

Laggard Bilby Disadvantages Individual Investors in Heavily Discounted Placing

Bilby plc (AIM: BILB), a leading gas heating, electrical and building services provider, announced on November 15th the completion of a fundraise of £2 million by way of a placing of new shares at a price of 11 pence per share; Canaccord Genuity Limited acted as Nominated Adviser and sole broker in relation to the Placing. The price of Bilby shares before the pacing was 23p and after the placing was 17p. The RNS says that the Directors of the company ...