The Board remains committed to maintaining good relationships with both institutional and private shareholders.
There is a regular dialogue with institutional shareholders, although care is exercised to ensure that any price sensitive information is released at the same time to all shareholders, in accordance with the requirements of the UK Listing Authority.
Presentations provided to institutional shareholders and analysts following the publication of the Group’s financial results are made available in the Investors section, and a recording of the results presentations and trading update can be accessed via telephone for a period following the meeting.
The Chairman is available to discuss strategy and governance issues with shareholders and our Senior Independent Non-executive Director is available to shareholders if they have concerns that have not, or cannot, be addressed through the usual channels
Meetings between the Chairman, Chief Executive and/or the Group Finance Director and shareholders can be held on request to discuss governance and corporate responsibility issues generally.
Summary of meetings with shareholders during 2015
The Group obtains feedback from its corporate brokers and its investor relations adviser on the views of institutional investors on a non-attributable basis and the CEO and/or CFO, supported by the Director of Investor Relations, communicate the issues and concerns of major shareholders to the Board.
As a matter of routine, the Board receives regular reports from its advisers on issues relating to recent share price performance, trading activity and general institutional investor sentiment. The Board also receives copies of relevant analysts’ reports on an ad hoc basis and other matters of interest in the media via the Company’s in-house Investor Relations team.
The Board also continues to consider the AGM as an important opportunity to communicate directly with all shareholders. At the AGM in 2015, the Chairman and the CEO took the opportunity to summarise William Hill’s performance and achievements in the prior year and to provide a business update.