US investors concerned about the delays in the official announcements of voting results are not waiting for the SEC or New York Stock Exchange to make new rules but are taking matters into their own hands. Just as in Europe, …
Read MoreTimes City diarist Martin Waller asks “Is this the most spectacularly incompetent annual meeting ever?” referring to DataCash plc’s 10th June AGM which sought authorities for share issues and dis-application of pre-emption rights significantly outside the best practice guidelines.
Martin …
Read MoreThe public inquiry into the regulatory framework around remuneration of directors and executives of companies regulated under Australia’s Corporations Act continues and a draft report is in preparation. Some 79 initial submissions have received by the Productivity Commission inquiry. Public …
Read MoreSeveral banks are cutting back their analysis of companies’ socially responsible policies, according to Thomson Reuters, which does a regular survey of equity analysts …… Sarah Wilson, the chief executive of shareholder adviser Manifest, was more concerned about the impact …
Read MoreShareholders in European banks are making their presence felt after being criticised for their failure to raise the alarm over risky practices or oppose management in the period before the financial crisis. The average proportion of shares represented at the …
Read MoreThe results of the voting at the AGM and GM of Lloyds Banking Group held today have now been released by the Company and show that, after the Government holding of 7,277,204,386 shares is excluded, over a third of the …
Read MoreManifest responds to the European Commission consultation on potential legislation covering the processing of rights flowing from securities by “securities accounts providers” (largely, custodians).
Ever prior to the Shareholder’s Rights Directive publication 2007, Manifest has highlighted that the role of …
Read MoreAccording to a new paper published today by the Institutional Shareholders Committee (ISC), UK investors have been too reluctant to make better tactical use engagement and voting and is looking for ways to make it easier for investors to come …
Read More