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AGM & GM

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › AGM & GM

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Vijay.
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  • March 14, 2021 at 2:59 pm #614419
    John1998m
    Participant
    • Topics: 73
    • Replies: 40
    • ☆☆

    Please Sir, can you explain the annual general meeting & general meeting and when these are called and by whom?

    March 20, 2021 at 9:36 pm #614852
    Vijay
    Member
    • Topics: 0
    • Replies: 258
    • ☆☆☆

    Hi

    So both AGM and GM are meetings attended by the shareholders of a company.

    Both are organised and called by directors. Its the directors that will arrange for “Notice/invitation” to be sent to the shareholders.

    AGM- These are held annually, 21 days notice must be given and its compulsory for PLC’s.

    GM- These are held as and when required. 14 days notice must be given. These are optional.

    I hope this helps?

    Kind regards,

    Vijay

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