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Attending the AGM


Summers
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I've recently become a shareholder as a 21st birthday present, But now haven't got a clue how I'm meant to turn around and say that I'm attending on Tuesday morning. Do I need to send off the thing saying I want to attend, or can I just show up?

 

You should not need to give prior notice of your intention to attend. Bring some evidence of being a shareholder if you can though.

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normaly new shareholders have a duty to buy the club and inject millions.......

 

Indeed. It's the small print that catches them out every time. Little do people realise the financial committment they are subjecting relatives to when they buy them shares as a gift.

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I know from having attended numerous AGMs that the usual score is that they are dry, dull affairs, especially as the Chairman does his best to disallow too much dissent. Occasionally people like Perry Macmillan and Richard Chorley make a contribution and there are a few murmurs either in agreement or the sort that infer "oh no, not those trouble makers again".

 

I expect that Lowe and the board have deliberately called this AGM at a time and date that encourages a low turnout.

 

Wouldn't it be a great idea if there was a stonking great turnout of all those small shareholders who wanted the current board gone and loads of dissent and angry responses to the board trying to whitewash their way through it? Wouldn't it be fantastic to see Lowe squirm his way out of it, with numerous shareholders not accepting his attempts to move on to discussing other things.

 

Here is a golden opportunity to show that even at a meeting of shareholders he does not have the support of many, other than the few individuals that brought him to the club, or the Quisling who had formerly ousted him.

 

If it is reported that there was widespread condemnation of Lowe's chairmanship at the AGM, there could be sufficient pressure for him to be forced to stand down, whether that pressure comes from the other board members, the bank or whoever else. Lowe can dismiss dissent from the fans as being the rants of the Neaderthals, but widespread dissent from shareholders would be quite a different matter to his mind.

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Used to be a guy called Ted Sainty who used to attend and was quite verbal not sure he was at the last couple but if he is around and attends the AGM I would feel sure he wouldnt be sitting on his hands.

 

I know Ted and his family. I expect that they will be there and if so I will sit with them and we can all cause a stir together. ;)

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