Email the editor

Jimmy Choo holds electronic AGM in UK first

Luxury shoe and accessory company the first listed company to take AGM online, using Lumi AGM Mobile

Pictured: Richard Taylor, CEO of Lumi Technologies

Jimmy Choo has become the first public listed company in the UK to take its annual general meeting (AGM) online for shareholders.

The luxury brand, specialising in shoes and accessories, used Lumi's AGM Mobile technology to make the event accessible to all shareholders, regardless of their location.

Participants across the globe were able to take part in the electronic meeting, asking questions and voting on resolutions using the AGM Mobile platform. This could be downloaded onto any smartphone or tablet, or reached from a computer with password protected access so only eligible delegates could participate and vote.

Peter Harf, chairman of Jimmy Choo PLC, said: "We are very pleased with the outcome of this process, which achieved its aim of broadening shareholder access to our AGM in the most convenient way possible. This was in good part due to our technology partner’s innovative approach to modernising the traditional AGM."

Richard Taylor, CEO, Lumi Technologies agreed: "Many listed companies find it is no longer feasible to expect their shareholders and institutional investors to travel across the globe to attend an AGM. We are sure that electronic meetings will be held increasingly in the future, especially now such reliable and secure mobile technology is available."

Facebook Share Twitter Share LinkeIn Share