In March 2009, the two Artemis VCTs (Venture Capital Trusts) merged and a new Management Fee agreement to remunerate the fund manager was put in place. Many shareholders were critical of the new arrangements and UKSA has supported their campaign to get that agreement revised.

In August 2009, UKSA sent this letter to all shareholders on the register of the company: Artemis_Letter

Any respondents were sent this note which gives more details of the issues: Artemis VCT_Note

Note that UKSA is financing this campaign by voluntary donations so please contribute if you can. To make a donation please open this document: Artemis VCT_Donation Form, print it out and send it together with a cheque to the address given on the form.

If you wish to register your interest in this campaign then please contact the following: Hannah Marshall, Administrative Assistant, UKSA, email: uksa3@btconnect.com , telephone: 020-8468-1027, UK Shareholders Association, Chislehurst Business Centre, 1 Bromley Lane, Chislehurst, BR7 6LH . Although none of the following is essential (other than a name) it would help to provide the following information: Name, Email address, Telephone number, Postal address and Number of shares held.  Any such information will be held in confidence by UKSA and will be used to communicate with you to provide further information as it becomes available. Please make sure you mention "Artemis VCT" in the title of your email.

The following note was issued on the 25th August concerning the revised management fees announced in the interim report by Artemis VCT: Update_1

The company subsequently sent a letter to all shareholders. In response, UKSA sent the following letter to all shareholders via post or email in late October 2009: Update_2