Relations avec les actionnaires

Relations with Shareholders

Communication with shareholders is a priority for Rotork and the Company openly engages in a regular dialogue with its major shareholders. In 2018, the Board, and in particular the Chief Executive and Finance Director, have engaged with shareholders in a number of ways including:

  • Hosting and participating in roadshows, both in the UK and internationally
  • Hosting webcasts and conference calls
  • Attending shareholder events
  • Hosting investor site visits
  • Attending conferences
  • Arranging ad hoc one to one and group meetings and calls with shareholders

A new Investor Relations Director joined Rotork in February 2019 to increase the resources available to support existing and potential shareholders and enhance our reporting to shareholders.

During the year we maintained an expanded investor communications programme. Shortly after Rotork’s 2017 results announcement, Kevin Hostetler embarked on a shareholder roadshow, meeting all Rotork’s top investors to explain his background and plans for the Group. Subsequently and throughout the year, Kevin Hostetler and Jonathan Davis have carried out a number of further roadshows, meetings and calls, updating both current and potential investors on the progress of our Growth Acceleration Programme. Finally, the Board engaged an external consultant to conduct research with Rotork top shareholders, to better understand perceptions of Rotork and any potential room for improvement. The results of this review were presented to the Board in October and key recommendations will be followed up on throughout 2019.

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

Rotork makes constructive use of its AGM as an opportunity for the Board to communicate with, and answer questions from, 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. This year, Rotork will again adopt automatic poll voting at its AGM in order to better reflect the views of shareholders; previously voting on resolutions was generally undertaken on a show of hands at the AGM itself. Automatic poll voting ensures that all votes cast in person or by proxy are taken into account on a particular resolution.

Rotork also maintains a comprehensive investor relations section on its website which provides a variety of resources for investors including current webcasts, presentations and press releases as well as annual interim reports. 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 can request to receive the Annual Report & 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 ‘Shareview Portfolio’ section. Rotork also makes available electronic proxy appointment for shareholders who wish to appoint a proxy online to vote at the Company’s AGM.