two strikes rule

2016 Review

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A lot of media attention has been taken up with the first strikes occurring in 2016 – AGL Energy, Boral, Carsales.com, Commonwealth Bank of Australia, CSL, Goodman Group, Spark Infrastructure, Woodside Petroleum – yet the suggestion of some kind of shareholder revolt in 2016 merits closer examination. Show More

Daily AGM Note, Wednesday 30 November 2016

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Today's note has the strikes I've spotted in amongst all of the results notices today, plus the outcomes at Bank of Queensland and Northern Star Resources. You'll find today's note at this link and it was written after markets closed today so will be updated on Thursday for any WA... Show More

Daily AGM Note, Tuesday 29 November 2016

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A few first strikes today at Globe Metals & Mining, Spectrum Rare Earths, TV2U International and Wellard. A second strike at Jervois Mining but, courtesy of last week's shareholder requisitioned EGM, the Board has already been spilled. Today's note can be found at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16670 Show More

Daily AGM Note, Friday 25 November 2016

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Aside from Primary Health Care, today's note features smaller AGMs. First strikes at Australian Dairy Farms Group, Fleetwood Corporation, East Energy Resources and Quantum Energy and close at Carnarvon Petroleum. Not for the first time this season, I take a look at the show of hands or poll debate, using... Show More

Daily AGM Note, Thursday 24 November 2016

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A fiery AGM day today - and at Jervois Mining shareholders didn't wait until next week's AGM to spill the Board. First strikes at Capitol Health, Carpentaria Exploration and RedHill Education. Second strike and Board Spill resolution passed at Ambertech; a second strike but no Board Spill at Cape Lambert... Show More

Daily AGM Note, Tuesday 22 November 2016

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Today's note - it's a quiet day - but still a first strike at First Growth Funds, Recce Limited, and Berkeley Energia, while Prime Media Group and Metallum avoid a second strike. From yesterday's AGMs, Alexium International received a first strike with only 61.80% poll votes for its remuneration report.... Show More

Daily AGM Note, Friday 18 November 2016

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A first strike at Global Masters Fund. As for All the Majors: it's a quiet day. Some dissent on the resolution to re-elect Trevor Gerber as a director of Vicinity Centres. Otherwise a lot of smaller AGMs today. Today's note highlights different examples of the resolutions where shareholders express dissent:... Show More

Daily AGM Note, Thursday 17 November 2016

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First strike at Goodman Group, Empire Oil and Gas, and at Mineral Resources, second strike and board spill at Zeus Resources. Second strike but no Board Spill at Liquefied Natural Gas. Today's Daily AGM Note has the details, plus a selection of voting outcomes from other AGMs today, including Village... Show More

Daily AGM Note, Wednesday 16 November 2016

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A first strike at SurfStitch Group and at Pacific Resources, some nuances on remuneration resolutions at PACT Group and Acorn Capital investment Fund plus others as the results come to hand. One example from today's AGMs is PS&C Limited: the proxy voting tally doesn't convey enough information as to whether... Show More

Daily AGM Note, Tuesday 15 November 2016

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Today's note again highlights the show of hands versus poll voting debate, with three smaller ASX listed entities demonstrating why a poll is best: the result, even if it is one the Board doesn't like, is clear. You'll find today's note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16530 and remember it's updated through... Show More

Daily AGM Note, Wednesday 9 November 2016

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A big AGM day for All the Majors, with Computershare, Commonwealth Bank, Flight Centre, Fortescue Metals and Medibank Private all holding AGMs today. While the daily AGM note will be updated through the day, results are already in for some of these companies. Outside the ASX 100, Sims Metal Management's... Show More

Daily AGM Note, Friday 4 November 2016

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A quiet AGM day in terms of numbers...A first strike at Slater and Gordon, a second strike at Templeton Global Growth Fund...the Daily AGM note has the details on a selection of AGM results and is updated through the day. You'll find today's note at this link https://subscriber.theexecutiveremunerationreporter.com.au/archives/16344 Show More

Daily AGM Note, Tuesday 25 October 2016

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A couple of first strikes already today at Lantern Hotel Group and at Chalmers Ltd, a second strike but no Board Spill at Australian Ethical Investment, plus some evidence of dissent on director elections and LTI grants across several other companies, including Tabcorp Holdings. You'll find today's note at this... Show More

First strike and Second Strike AGMs 2015

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The provisional lists of companies receiving a first strike at the 2015 AGM can be found at this https://subscriber.theexecutiveremunerationreporter.com.au/archives/14061 . As always, I suggest you don't get carried away about the size of the strike but simply note there was a strike. The pattern of shareholdings in the company and... Show More

Daily AGM Note 30 November 2015 - second strike but no spill at Lantern Hotel Group; close on Board Spill at Sundance Resources; first strikes include Azure Healthcare, Metallum and Diploma Group

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Today's note is available: three AGMs today where the 2014 poll results showed a strike against the remuneration report, the 2013 AGMs were fine, yet there is no conditional Board spill resolution on this year's AGM agenda. A number of second strikes today, but no Board spills. First strikes at... Show More