A FTSE SMALL CAP Company Secretary writes...
“I am the Company Secretary of a FTSE Small Cap. Our Registrars are encouraging us not to send out a hard copy of the proxy form for our forthcoming AGM and to go paperless. If we decide to retain the hard copy proxy form they will charge us an additional fee of £1,800.
I have expressed some concerns (we have many retail shareholders, some of whom are elderly and may not wish to vote online), but the Registrars have assured me that many of their clients have agreed to go ‘paperless’ and they do not envisage any problems.
I would be grateful to know the views of other CoSecs on this matter. Whether they have been asked to go ‘paperless’ by their Registrars and if so if they have agreed to do so, or whether if they have not yet been asked to go ‘paperless’ this is something that they would happily consider.”