‘Our primary goal [in using Lumi] was to deliver a safe and legally compliant virtual AGM, one where shareholders could just as easily be seen and heard as at a physical meeting,’ says Mark Jenkins, company secretary at Halma, a FTSE-listed group of companies that produce life-saving technologies. ‘Lumi enabled us to register delegates and provide live and secure polling, as well as Q&As, allowing us to create a forum for shareholder engagement virtually.’
Although Halma only began using Lumi in the summer of 2021, with Jenkins expecting to move back to physical AGMs and in-person engagement ‘as we emerge from the pandemic and life begins returning to normal’, he says Halma will still use Lumi ‘to ensure our AGMs evolve and provide even greater shareholder engagement.’
Although Halma only began using Lumi in the summer of 2021, with Jenkins expecting to move back to physical AGMs and in-person engagement ‘as we emerge from the pandemic and life begins returning to normal’, he says Halma will still use Lumi ‘to ensure our AGMs evolve and provide even greater shareholder engagement.’
Jenkins sees Lumi as a solution for AGMs and ‘complex meetings’ and cites the tool’s Q&A management service as a standout feature, saying that it allows shareholders to put their questions to the board virtually, while [the company] retains control of the meeting and maximizes debate time.
‘This makes accessing questions easy for directors and makes voting easy for shareholders, which provides both parties with the best experience at an annual meeting,’ he says.
This is an extract of an article that was published in the Winter 2021 issue of IR Magazine. Click here to read the full article.
