Computershare UK

The typically volatile mining sector was the main driver of lower dividends in Q3, impacting the total paid by £2.6bn or one tenth. Large cuts from this sector obscured better news in the wider market. Encouragingly, company median per-share growth was 4.5%. For more insights, check out our latest report! http://spr.ly/6045SHFFD #Dividends #CapitalMarkets

In Q3, UK dividends fell to £25.6bn, down 8.1% year-on-year. The mining sector was the main driver of lower payouts but fewer special dividends, a strong pound and share buybacks also made an impact. Regular payouts, which exclude special dividends, dropped 3.5% on a constant-currency basis to £25.3bn. Read the Dividend Monitor today and register to receive quarterly: http://spr.ly/6044qxgxi #Dividends #CapitalMarkets

Across all FTSE 350 & AIM 100 issuers, the preference for in-person meetings decreased slightly by 7.59% for all issuers. Explore emerging meeting and governance trends in Computershare and Georgeson’s 2024 UK AGM Intelligence Report now: http://spr.ly/6048qMfBp #agm #2024agmseason #agmseason

Thank you to everyone who joined us for our Investment Trust Insight Panel. Our expert panellists shared some valuable insights on the latest trends, market conditions and listing rule changes, which sparked great conversations. Special thanks to: Alex Haynes; Andrea Davidson Ndukwe FCG; Natalie De Sousa, Sapna Shah, Anne-Marie Wells, Nicholas Pervin and Richard Stone. Key takeaways: -Shareholder engagement: Higher levels of shareholder activism and more focus on board changing resolutions, especially in alternative investments. -Cost disclosure: The implementation of the new Consumer Composite Investments (CCI) regime (subject to consultation) will aim to offer more flexible rules to help investors better understand costs and value. -Listing rule changes: Increasing considerations in a move to Chapter 5 among Investment Funds due to fundraising flexibility. -Schemes of Reconstruction: Supported by value investors, being seen as a positive development for the sector, resulting in fewer but larger funds, with greater liquidity and profile. -Sustainability Disclosure Requirements (SDR): The consequences of the implementation of SDR have been Investment Trusts seeking to amend investment policies and/or consumer-facing documentation to reduce sustainability claims. Looking forward to more discussions on these crucial topics.

We witnessed a sharp drop in the level of dissent on remuneration reports during the 2024 AGM season. This year, 7% of FTSE 100 AGMs faced dissent, versus 20% last year. Read Computershare and Georgeson’s 2024 UK AGM Intelligence Report now: http://spr.ly/6046U9EEM #agm #2024agmseason #agmseason

A warm welcome to C&C Group after the successful transfer of their share registry to Computershare. We look forward to working with your team and supporting both you and your shareholders.

We are excited that Computershare’s Madeleine Scrafton has been shortlisted in The Chartered Governance Institute UK & Ireland Awards 2024’s Champion for Governance category. This recognition reflects Maddie’s passion for governance, her dedication to inspiring and developing future governance leaders, and the remarkable impact that she continues to make for our clients, for the industry, at Computershare and beyond. Please join us in congratulating Maddie as well as all those nominated and shortlisted in this year’s awards.

Our OpenSpace event series has been designed to help develop future leaders within their Company Secretarial teams. Interested in joining us at our next OpenSpace session on 16 October in London? We'll be hosting Megan Barnes, the Head of Secretariat at Ocado, who plans to delve into her career path, highlighting how the secretariat function can evolve into a cornerstone of a company’s success. She will discuss the transformation of the role, upcoming challenges, and essential qualities for those aspiring to advance in their careers. If you want this chance to learn from Megan’s experiences and connect with like-minded professionals, join us: http://spr.ly/6046URz0Q

Fantastic to see so many of you at our Governance Readout breakfast today! A big thank you to John Britton ACSI and Daniel Veazey for revealing some fascinating trends and insights from the 2024 AGM season. We look forward to hosting you again for our next Governance Readout breakfast – more details coming soon. If you'd like more details on the content we covered today, you can download your copy of our 2024 UK AGM Intel Report: http://spr.ly/6045UTFyx and 2024 European AGM Season Review: http://spr.ly/6046UTFyI If you’re not receiving our Governance Readout Newsletter, sign up here to get our latest commentary on the industry topics that matter most: http://spr.ly/6048UTFy0 #Governance #AGM #ProxyVoting #CorporateGovernance

We are hosting a panel of Investment Trust experts on 9 October, who will discuss the current market conditions. The high-level agenda includes: • Introduction by Richard Stone, the Chief Executive Officer of the Association of Investment Companies • Expert panel discussion • Current market conditions • Perspectives on the latest listing rule changes and their potential impacts on the industry • The current attractiveness of the investment trust market • Expectations for the year ahead. If you're interested in attending, click here to register: http://spr.ly/6045U30q3 There will also be an opportunity to engage with the panelists via a Q&A at the end of the panel session, with networking and drinks to follow. We hope to see you there.