ShareSoc in the News

This page lists references to ShareSoc in the press and broadcast media.

FT, 17 Feb 2021, Neil Woodford’s relaunch plan prompts calls for independent inquiry

The Woodford interview in the Telegraph https://www.telegraph.co.uk/business/2021/02/13/exclusive-neil-woodford-launch-comeback-fund-says-sorry-did/ has generated an enormous amount of media coverage including this excellent coverage for ShareSoc in the FT. https://www.ft.com/content/3c029f46-3cb4-4a74-a4cc-b74c3fe687df Neil Woodford’s relaunch plan prompts calls for independent inquiry The FT article includes these quotes from ShareSoc and Leigh Day: Cliff Weight, a director at shareholder rights’ group ShareSoc, said Woodford’s plan to return to managing money had “appalled” retail investors. “It is a huge kick in the teeth for those whose money Woodford lost,” he said. ShareSoc is supporting a ...

The Times, 15 Feb 2021, Investors left to fly blind on bid approaches

Lord Lee, Patron of ShareSoc was quoted extensively in this article in The Times about his concerns regarding disclosures surrounding takeovers. https://www.thetimes.co.uk/article/investors-left-to-fly-blind-on-bid-approaches-n6xlc2vv5 This was the second article in The Times about Lord Lee's concerns. https://www.thetimes.co.uk/article/takeover-panel-left-signature-aviation-shareholders-in-the-dark-m2752pd3w ShareSoc is fully aligned with Lord Lee and have issued a press release about this. https://www.sharesoc.org/sharesoc-news/press-release-116-requirements-of-public-companies-directors-regarding-takeover-approaches/

Daily Mail, 12 Feb 2021, Lord Lee locks horns with Takeover Panel

Lord Lee, Patron of ShareSoc is quoted extensively in this article in the Daily Mail about his concerns regarding disclosures surrounding takeovers. https://www.thisismoney.co.uk/money/markets/article-9254913/Lord-Lee-locks-horns-Takeover-Panel.html   ShareSoc are fully aligned with Lord Lee and have issued a press release about this. https://www.sharesoc.org/sharesoc-news/press-release-116-requirements-of-public-companies-directors-regarding-takeover-approaches/

Daily Mail, 8 Feb 2021, Legal battle to win compensation for savers in Woodford’s flagship fund kicks off after crucial insurance and financial backing is secured

https://www.thisismoney.co.uk/money/markets/article-9234205/Neil-Woodford-fund-savers-begin-legal-battle-compensation.html. This article explains the key milestones that have been achieved and refers to ShareSoc : More than 3,000 people have signed up to the case, which is backed by retail investor association ShareSoc, and a mass marketing campaign will encourage more people to join.  The article also notes that "Up to 500,000 people were affected by the Woodford scandal".  We hope that many will join our campaign and ShareSoc to help make the investing world a better place. This publicity follows on from ...

FT, 8 Feb 2021, Woodford investor legal claim secures funding

ShareSoc is quoted at length in this extensive FT article on the Leigh Day claim against Link https://www.ftadviser.com/investments/2021/02/08/woodford-investor-legal-claim-secures-funding/ A legal claim on behalf of investors in the Woodford Equity Income fund has secured funding and the backing of the UK Individual Shareholders Society. In an update over the weekend the consumer body - known as ShareSoc - said it was in the "best interests" of those who lost money in the Woodford saga to join a claim led by law firm Leigh Day, which is now ...

Stockopedia, 25 Jan 2021, SmallCap Value Report

In this SCVR Paul Scott highlights our press release relating to Takeover Panel Rules.

FT, 17 Jan 2021, UK Companies Warned Against Shutting Investors Out of AGMs

https://www.ft.com/content/64717715-98aa-415b-84e9-83764ae83d6f Cliff Weight, a director of ShareSoc, a shareholder organisation, said the introduction of a so-called hybrid approach — with both a physical and virtual element — was “a huge step forward” during the pandemic, with many more people attending AGMs and pre-AGM webinars than in the past.

FT Adviser, 14 Jan 2021, Aviva Pressed to Recall Bonuses After Share Buyback Debacle

From FT Adviser: https://www.ftadviser.com/investments/2021/01/14/aviva-pressed-to-recall-bonuses-after-share-buyback-debacle/ Investor group ShareSoc has called on Aviva to claw back bonuses paid in 2018 after the provider was censured for 'potentially misleading' the market in its share buyback saga.

Investors’ Chronicle, 31 Dec 2020, Woodford, Misplaced Trust

The Investors’ Chronicle have published a long article today. https://www.investorschronicle.co.uk/news/2020/12/30/misplaced-trust/. We understand the Investors’ Chronicle has 30,000 readers. Most of the article describes what happened. The crunchy bit is at the end….. The mechanics Five law firms have considered the viability of taking legal action, but which is the best one to turn to? ShareSoc, ever the champion of the private shareholder, has endorsed Leigh Day, who decided that Link was most at fault. The firm says that the case stems from Link breaching ...

Investors Chronicle, 18 Dec 2020, ShareSoc mentioned in 2 articles

Investors Chronicle (read by 30,000 subscribers ) has just given us two lovely name checks. This highlights the way that ShareSoc is increasingly seen as a powerful shareholder campaigning organisation and the source of reliable information about markets. https://www.investorschronicle.co.uk/news/2020/12/18/putting-the-public-back-into-public-markets-or-at-least-trying/ https://www.investorschronicle.co.uk/news/2020/12/18/an-alternative-outlook-in-the-plague-year/ The former article comes from the hard work we did establishing links with Primary Bid, which is, some months later, being reflected in press coverage. The article, written by James Dean, CEO of Primary Bid, explains the progress with getting access to placings for ...

The Northern Echo, 8 Dec 2020, Sirius Shareholders to Discuss Possible Legal Redress

https://www.thenorthernecho.co.uk/business/18927140.sirius-shareholders-discuss-possible-legal-redress/

Daily Mail, 8 Dec 2020, Sirius Minerals Faces Legal Bid From Shareholder Group After Anglo’s ‘Daylight Robbery’ Rescue Deal

https://www.thisismoney.co.uk/money/markets/article-9027621/Sirius-Minerals-faces-legal-bid-shareholder-group-rescue.html Daily Mail quotes ShareSoc extensively.