No teas or coffee for shareholders at M&S AGM in digital-first push

LAURA MCGUIRE

ATTENDEES of the Marks & Spencer AGM tomorrow will not be served any refreshments or get a chance to speak to bosses face to face, as it looks to take the event totally digital.

The Percy Pig maker has advised shareholders not to travel to the company’s AGM this week, with shareholders who do arrive at the venue only able to join electronically in dedicated spaces, despite being in the building, according to reports in The Mail.

Shareholders will instead be asked to join the AGM via their computers or phones. The company said a totally digital format has improved attendance and chair Archie Norman now believes it makes it easier for people to participate.

The retailer’s last in-person AGM, known for generous hospitality and lively shareholder debate, was held in 2019, prior to the pandemic.