Since the Company gained a wider shareholder base following the IPO in June 2014, it has established a dedicated Investor Relations function to liaise with institutional investors and analysts.
Investor Relations activity and a review of the share register are regular items included in the monthly Board information pack.
Dialogue with shareholders
The Company has a dedicated Investor Relations function to liaise with institutional investors and analysts. Updates on investor relations activity and changes to the share register are regular items on the Board agenda.
An ongoing dialogue with the key stakeholders continued throughout the year on topics relating to the performance of the Group, including strategy and new developments. In 2018, the Company engaged in active discussion with shareholders and investors, both on an individual basis and through attendance at investor conferences and events. Following full year and interim results presentations, senior management undertake results roadshows and meet with larger investors. The Investor Relations team and management held a total of 130 meetings with individual existing and potential investors during 2018.
A comprehensive plan of Investor Relations activity is in place for the coming year. The Chairman, Senior Independent Director and other Non-Executive Directors are available to discuss any matter stakeholders might wish to raise and to attend meetings with investors and analysts. In addition, shareholders are able to contact the Company through the Investor Relations function or the Company Secretariat.
Annual General Meeting
The AGM will be held at the offices of Addleshaw Goddard LLP, 60 Chiswell Street, London EC1Y 4AG on 9 May 2019 at 11am. The Chairs of each of the Committees of the Board will be present to answer questions put to them by shareholders. Due to unforeseen circumstances, the Chair of the Audit Committee was unable to attend the 2018 AGM. The Annual Report and Accounts and Notice of the AGM will be sent to shareholders at least 20 working days prior to the date of the meeting.
Shareholders are encouraged to participate in the AGM process, and all resolutions will be proposed and voted on at the meeting on an individual basis by shareholders or their proxies. Voting results will be announced and made available on the Company’s website, www.osb.co.uk.
Shareholders may require the Directors to call a general meeting other than an AGM as provided by the Companies Act 2006. Requests to call a general meeting may be made by members representing at least 5% of the paid-up capital of the Company as carries the right of voting at general meetings of the Company (excluding any paid-up capital held as treasury shares). A request must state the general nature of the business to be dealt with at the meeting and may include the text of a resolution that may properly be moved and is intended to be moved at the meeting.
A request may be in hard copy form or in electronic form and must be authenticated by the person office or by sending an email to email@example.com. At any general meeting convened on such request, no business shall be transacted, except that stated by the requisition or proposed by the Board.