The AGM is the highest decision-making body of a PLC at which shareholders can exercise their rights to ask questions and to vote. Each shareholder is entitled to participate in the AGM in person or be represented by a proxy. Participation is conditional on the stockholder presenting a record of share ownership at the record date and registering in good time.
The AGM is held annually for shareholders, all of whom are invited to attend, regardless of the number of shares they own.
It is an opportunity to meet the Directors and staff as well as putting questions to them and visiting the operations.
Notice of Meeting can be found under AGM/GM Information.
What is a voting right?
A voting right is acquired when shares are purchased in a Company unless otherwise stated and all shareholders are entitled to exercise their voting rights.
The voting right gives a shareholder the opportunity to take part in the voting process on items on the agenda at Company Meetings such as an AGM or EGM.
However, by issuing a proxy authorisation, stockholders may also assign their voting rights to third parties, in particular to their depositary bank, a stockholders' association or proxies nominated by the Company.
According to the Articles of Association of the Company, each share of share grants one vote at the AGM.
Articles of Association can be found under AGM/GM Information.
Total Voting Rights can be monitored via the RNS