The Requirement for the AGM

Question 1

When must public co hold AGM?

Answer 1

• S.336 CA 2006 – public co must hold a general meeting as its AGM in each period of six months beginning with the day following its accounting reference date.

Question 2

What does UKCGC say about communication?

Answer 2

• UK Corporate Governance Code, Principle D – encourages communication between company and SH, and in practice this is usually achieved by way of AGM.

Question 3

What is purpose of AGM?

Answer 3

• Purpose: pass key resolutions, develop PR, maintain relationship and ensure accountability.