Companies now have the option to provide shareholders, who have opted out of receiving the full Annual Report, with only a Strategic Report and other supplementary material.  On this basis:

 

1. 1)  Are companies now taking the opportunity with their Annual Report to produce only the Strategic Report in a glossy format, with the remaining sections in black and white print for Companies House purposes; and
2. 2)  Do they believe this approach will satisfy shareholder expectations for reporting in general?