AMP Limited shareholders became some of the first in Australia to lodge their proxy votes for AMP’s annual general meeting (AGM) using a smartphone.
AMP is the first Australian listed company to offer this service outside of Computershare, which developed and pioneered the system at its own AGM in November 2011.
Voting closed yesterday (Tuesday 8 May) for AMP’s AGM which takes place on Thursday 10 May in Melbourne. More than 7,000 AMP shareholders lodged their proxy votes online – with over 500 lodging via a smartphone. AMP, with more than 900,000 shareholders, has one of Australia’s largest shareholder bases, and approximately 90 per cent of these shareholders are retail investors.
“While it’s early days, this is about keeping AMP’s AGM contemporary and relevant as shareholders change the way they view and use information, and communicate with us. The site is easy to read and designed to suit smartphones rather than desktop computers,” said AMP Head of Shareholder Services Marnie Reid.
“Computershare is leading our industry in the use of technology channels that work for our clients and their shareholders. Smartphone voting meets a growing need for Australian shareholders to conveniently participate in AGMs,” said Greg Dooley, Managing Director Computershare Investor Services.
AMP shareholders could access the specially designed site via an email link or by going straight to www.investorvote.com.au from their smartphones.
They were able to lodge their proxy votes, view the annual report, notice of meeting, shareholder review, Chairman’s video message, and send questions to AMP or the auditor, as well as get directions and maps to the AGM site.
