Holding AGMs is a key practice in the corporate world which can be easily overlooked if not managed properly, particularly for publicly traded companies and larger private entities.

 AGMs serve several purposes and offer a range of benefits for the organisation, its shareholders, and other stakeholders. 

An overview of benefits as follows:

1. Transparency and Accountability – Gibraltar companies are required by law to hold an AGM unless dispensed with by the shareholders – Section 193 Companies Act 2014
    
2. Shareholder Engagement – Allows shareholders to interact with Board members directly
    
3. Strategic Review and Feedback – Offers an opportunity to review past year’s performance fostering alignment between board members and shareholders
    
4. Build Trust and Confidence – Companies that hold AGMs are often seen as more trustworthy and professional, strengthening their reputation to investors.  
    
5. Compliance with Laws – Holding AGMs reduces likelihoods of legal penalties or reputational damage due to non – compliance with corporate governance rules.

The Meeting

It is important to create a workable agenda in the form of itemised points (normally structured by level of priority) thus avoiding disorder during the meeting. The company secretary is obliged to be present to take the “minutes” and can help the Chairperson ensure the agenda is followed and ensure votes are counted, and constructive comments are heard and recorded. 

Keeping order at an AGM can be a challenging task as some stakeholders may deviate from the agenda and air grievances they may have.

With this mind, Line Group Limited has sufficient experience to help co-ordinate such meetings and can use our offices to undertake this Meeting.  

Reach out to us if you think we can help.