All publiclimitedcompanies must hold an AGM to which all shareholders are invited. The AGM is required by law (a statutory meeting) and regulations are laid down in the CompaniesActs. The AGM gives shareholders the opportunity to discusscompanyperformance during the year, the futureplans and electofficebearers for the coming year.
ExtraordinaryGeneralMeeting
A meeting open to allshareholders, normally called to discuss specialbusiness which cannot be held over until the next AGM, e.g. a rivalcompany wants to buy the business.
BoardMeeting
The business of a limitedcompany is managed between AGMs by its Board of Directors. The Directors hold board meetings at which company policy is discussed and determined.