UKSA (UK Shareholders' Association) is the oldest shareholder campaigning organisation in the UK. We are a not for profit company that represents and supports shareholders who invest in the UK stock market.

By lobbying Government, the Financial Reporting Council, the Financial Conduct Authority and other bodies we strive to continually improve recognition and treatment for private investors.



Over 100 shareholders in the Royal Bank of Scotland (RBS), supported and coordinated by ShareSoc and UKSA, have requisitioned a resolution to install a new "Shareholder Committee" at the company that could include representatives of retail investors.


In 1983 the current Chairman and Chief Executive took control of a company flying fresh flowers across the channel. This has been developed into a business with a fleet of UK based passenger aircraft specialising in package holidays and charter flights. The leisure travel division is complemented by a logistics division distributing temperature controlled products for the food industry. Revenues have grown at 20% pa over the last 5 years to reach £1.4bn. The company appears to be performing well but is there a risk that it will over-reaching itself? Shareholders’ equity is £319m and orders have recently been placed for c. £2bn of new aircraft. How robust is the strategy that underpins this investment?


The text of the Financial Reporting Council
20 September 2016

Venue Address
Alderman the Lord Mountevans
Lord Mayor of the City of London

Conference transcript 2016


The ownerless corporation, so christened by Lord Myners more than 10 years ago, is upon us. In its response to a BEIS consultation on corporate governance UKSA has drawn attention, once again, to the scandalous erosion of corporate control arising from the unrestrained spread of multi-owner nominee accounts (sometimes called pooled nominee accounts).


Park Group claims to be “the UK’s leading multi-retailer gift voucher and prepaid gift card business.” It started in 1966 as a savings scheme for Christmas hampers and has built on that base to reach a revenue total last year of £302.5m. Cash conversion is good with a steadily increasing dividend currently yielding 3.7%. The Chief Executive talks of ‘a steady rise in billings’ but the record shows a setback in 2014 due to weakness in the retail sector. So how well is the company really performing, what is the outlook for the future and how easy is it from the accounts to follow what is really going on?


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