The end of paper share certificates?

LHW99

I haven't ever attended an AGM, but II certainly allows holders of shares & IT's to register their interest in voting at AGM's. You sometimes have to chase around the web a bit to find the latest report, and AGM details (directors, motions etc) as they don't provide those links, and not all the companies you are registered for send a direct link. Nonetheless, IMO its no worse than in the days when I had certificated shares (eg BT, with its Drip scheme) and you got sent a booklet with a voting sheet at the back.

coyrls

Does anybody know if the proposal to end paper share certificates also applies to VCTs?

masonic

Rollinghome said:

Malthusian said: ...

Hmm. I think you may be reading what hasn't been said. I haven't seen any complaint about abrdn holding its AGM in Edinburgh. Rather it is abrdn complaining of the low attendance at their AGMs and lack of shareholder engagement that I find surprising. It shouldn't be difficult for them to understand why. Other public companies of similar size can have huge turnouts. abrdn is not a stock I've ever wanted to hold.

So, if not geography, then what? Just that it isn't a stock that tends to be favoured by private investors?

masonic

coyrls said:

Does anybody know if the proposal to end paper share certificates also applies to VCTs?

I can't think of a good reason to exempt them, especially as many people already hold VCT shares via brokers to benefit from trail commission rebates. Some already allow for subscription via your broker. The income tax relief certificates would still be sent out.

wmb194

coyrls said:

Does anybody know if the proposal to end paper share certificates also applies to VCTs?

"Traded" shares initially and look at extending to "private" companies later. VCTs are usually/often listed ie. traded so, yes.