Relations with Shareholders

Relations with Shareholders

Communication with shareholders is a priority for Rotork and the Company maintains a regular dialogue with its major shareholders. In 2015 the Board, and in particular the Chief Executive and Group Finance Director, have engaged with shareholders in a number of ways including:

  • Hosting conference calls;
  • Hosting webcasts;
  • Attending shareholder events including a Capital Markets Day held in November in Leeds;
  • Hosting investor site visits;
  • Attending conferences;
  • Hosting and participating in roadshows; and
  • Arranging ad hoc meetings with shareholders.

The Chairman ensures that all Directors are made aware of major shareholder issues and concerns by ensuring the Board receives reports from the Chief Executive on meetings with analysts and fund managers as well as shareholders. In addition, the Board receives reports from its brokers which give anonymised feedback from investors.

During the year MJ Lamb had a series of individual meetings with current and potential principal shareholders in his new capacity as Chairman. Full written reports on these meetings were provided to the Board.

Rotork makes constructive use of its AGM as an opportunity for the Board to communicate with, and answer questions from, those shareholders who attend in person. The entire Board is normally available during the meeting and for lunch following the meeting to allow direct interaction between the Directors and the shareholders.

Rotork also maintains a comprehensive investor relations section on its website which provides a variety of resources for investors including current webcasts, presentationsand press releases. The website can be accessed at www.rotork.com/en/investors.

Electronic communications are also used by Rotork to communicate with its shareholders. All shareholders have been asked whether they would like to receive the Annual Report and Accounts in electronic form rather than in hard copy form. Any shareholders wishing to receive corporate documents electronically can do this by registering for the service at www.shareview.co.uk and clicking on ‘Register’ under the ‘Portfolio’ section. Rotork also make available electronic proxy appointment for shareholders who wish to appoint a proxy online to vote at the Company’s AGM.