Dialogue with Institutional Shareholders
The Board recognises that meetings with analysts and shareholders constitute an important element of the Company’s investor relations programme. Meetings are held periodically with the Company’s principal institutional shareholders as well as with financial analysts and brokers. These include visits to to the Group’s operations in India and Zambia by investors and analysts.
Investor meetings are initiated either by the Company or analysts and investors and are managed at Group level through Mr Ashwin Bajaj, Vice President - Investor Relations, who also briefs the Board on the Company’s relationships with its shareholders. The main channels of communication with the investment community are through the Chairman, Deputy Chairman, Chief Executive Officer and Director of Investor Relations. The Senior Independent Director and Non-executive Directors are also available as appropriate.
The Group attends investor seminars which provide opportunities for two-way communication with investors and analysts and feedback is provided to the Board.
The Company announces its annual and half-year results to the London Stock Exchange and the press in advance of the publication of the annual and half-year reports. Summary reports are also published for the first and third quarters. Other price-sensitive information is announced as and when appropriate and the Board has adopted a communications policy to ensure that this is done in a timely and considered manner.
Presentations are made to analysts and the press by the Chairman, Deputy Chairman and Chief Executive Officer and Chief Financial Officer following the release of the interim and preliminary announcements.