Pros and cons of virtual and hybrid shareholder meetings

John Britton, governance and industry officer at global financial services company Computershare, explains how attitudes towards AGMs are evolving and sets out what companies should consider as they approach their meetings this year

As we head into the second year of the coronavirus pandemic, companies across the UK are starting to make decisions about how to hold their 2021 annual general meetings (AGMs).

AGMs are a key event in a company’s calendar, a vital part of a company’s corporate governance and a valuable opportunity to engage with shareholders as part of a broader investor strategy.

As a result of national lockdowns and restrictions, UK companies had to look again at their AGM approach during 2020. Many delayed mailing their notices of meeting to seek legal guidance on their obligations.

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