EGM

SoftwareOne Founding Shareholders provide update on group acting in concert with Bain Capital

Retrieved on: 
Mercoledì, Marzo 13, 2024

The group (which is separate from the founding shareholders group) was made public, and notified to SIX Swiss Exchange, in June 2023 to make transparent to the capital market that Bain Capital and the founding shareholders were jointly pursuing an offer for SoftwareOne.

Key Points: 
  • The group (which is separate from the founding shareholders group) was made public, and notified to SIX Swiss Exchange, in June 2023 to make transparent to the capital market that Bain Capital and the founding shareholders were jointly pursuing an offer for SoftwareOne.
  • This left the founding shareholders with no choice but to dissolve the group.
  • The founding shareholders expressly reserve the right to take legal action against the current Board and individual members.
  • The founding shareholders reiterate that SoftwareOne needs new leadership at Board level.

Yandex N.V. announces results of Shareholder Meetings and provides update on proposed divestment

Retrieved on: 
Mercoledì, Marzo 13, 2024

YNV also today provides an update with respect to the proposed divestment of all of the Yandex group’s businesses in Russia and certain international markets.

Key Points: 
  • YNV also today provides an update with respect to the proposed divestment of all of the Yandex group’s businesses in Russia and certain international markets.
  • The Company is pleased with the progress to date in satisfying conditions to the completion of the proposed divestment, including receipt of YNV shareholder approval today and approval from the Government Commission for Control over Foreign Investments in Russia.
  • Each Class A share carries one vote; each Class B share carries ten votes.
  • The Class A shares and Class B shares voted together as a single class on all matters at the EGM.

SoftwareOne invites shareholders to Extraordinary General Meeting

Retrieved on: 
Mercoledì, Marzo 13, 2024

Stans, Switzerland, 6 March 2024 – SoftwareOne Holding AG, a leading global software and cloud solutions provider, today invites the shareholders to an extraordinary general meeting on April 18, 2024, upon request of the shareholders Daniel von Stockar, B. Curti Holding AG and René Gilli.

Key Points: 
  • Stans, Switzerland, 6 March 2024 – SoftwareOne Holding AG, a leading global software and cloud solutions provider, today invites the shareholders to an extraordinary general meeting on April 18, 2024, upon request of the shareholders Daniel von Stockar, B. Curti Holding AG and René Gilli.
  • SoftwareOne's Articles of Association stipulate that one or more shareholders may request the convening of a general meeting if together they represent at least 3% of the share capital or votes.
  • The Board of Directors is obliged to announce the date and agenda of the extraordinary general meeting (EGM) within 30 days.
  • For efficiency reasons, the extraordinary general meeting (EGM) will be held in conjunction with the upcoming 2024 annual general meeting (AGM) on April 18, 2024 from 3 p.m. at the KKL Lucerne.

Yandex N.V. Reminds Shareholders of upcoming EGM and Class A Meeting

Retrieved on: 
Mercoledì, Marzo 13, 2024

Amsterdam, the Netherlands, March 4, 2024 — Yandex N.V. would like to remind shareholders that the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024.

Key Points: 
  • Amsterdam, the Netherlands, March 4, 2024 — Yandex N.V. would like to remind shareholders that the Company’s EGM and Class A Shareholders meetings are scheduled to take place on 7 March 2024.
  • Shareholders can vote either in advance of the meetings or at the meetings themselves.
  • We urge all shareholders who have not yet given voting instructions in respect of their shares to do so as soon as possible, as described below.
  • If you are planning to attend the Class A Meeting or the EGM in person, we kindly request you to provide advance notice by notifying the Company at [email protected] before 5.30 p.m. CET on March 4, 2024.

Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023

Retrieved on: 
Mercoledì, Febbraio 28, 2024

Unaudited Results for the Full Years Ended December 31, 2023 and 2022

Key Points: 
  • Unaudited Results for the Full Years Ended December 31, 2023 and 2022
    Revenue was $387.1 million for the year ended December 31, 2023 and $460.5 million for year ended December 31, 2022.
  • Administrative expense was $32.7 million for the year ended December 31, 2023 and $48.1 million for the year ended December 31, 2022.
  • Interest income was $2.8 million for the year ended December 31, 2023 and $2.2 million for the year ended December 31, 2022.
  • Interest expense was $17.1 million for the year ended December 31, 2023 and $17.1 million for the year ended December 31, 2022.

Nicox Restructures Debt, Streamlines Operations to Extend Cash Runway and Focus Resources on NCX 470 Pivotal Trial

Retrieved on: 
Mercoledì, Febbraio 28, 2024

“The additional cash runway and the overall reduction in cash needs gives us the flexibility to advance our core asset and continue partnering and strategic discussions.

Key Points: 
  • “The additional cash runway and the overall reduction in cash needs gives us the flexibility to advance our core asset and continue partnering and strategic discussions.
  • Specifically, this provides an opportunity to deliver on the promise of NCX 470 in glaucoma, and thereby to preserve and create value.
  • Under the current bond agreement, Nicox was due to begin repaying the Amortizing Bond to Kreos from 1 February 2024.
  • The debt restructuring and cost reductions extend the Company’s cash runway to November 2024, based on focusing exclusively on the development of NCX 470.

Genetron Health Announces Shareholders’ Approval of Merger Agreement

Retrieved on: 
Mercoledì, Febbraio 21, 2024

Of the ordinary shares voted at the EGM, approximately 99.9% voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.

Key Points: 
  • Of the ordinary shares voted at the EGM, approximately 99.9% voted in favor of the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger.
  • The Merger Agreement, the Plan of Merger and the transactions contemplated thereby, including the Merger, were therefore duly authorized and approved by way of special resolutions as required by, and in compliance with, the Companies Act of the Cayman Islands.
  • Completion of the Merger is subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.
  • The Company will work with the other parties to the Merger Agreement towards satisfying all other conditions precedent to the Merger set forth in the Merger Agreement and completing the Merger as quickly as possible.

Puyi Inc. Announces the Postponement of the Extraordinary General Meeting

Retrieved on: 
Martedì, Febbraio 20, 2024

GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ: PUYI) (“Puyi” or the “Company”), a leading third-party wealth management services provider in China, today announced the postponement of the previously scheduled extraordinary general meeting (“EGM”) at 10:00 a.m. on February 22, 2024 (Beijing time) to 10:00 a.m. on March 13, 2024 (Beijing time) (“March EGM”) and the updated proposed English name from Huapu Inc. to Highest Performances Holdings Inc. in a new notice of March EGM from the original notice of EGM dated February 5, 2024.

Key Points: 
  • GUANGZHOU, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ: PUYI) (“Puyi” or the “Company”), a leading third-party wealth management services provider in China, today announced the postponement of the previously scheduled extraordinary general meeting (“EGM”) at 10:00 a.m. on February 22, 2024 (Beijing time) to 10:00 a.m. on March 13, 2024 (Beijing time) (“March EGM”) and the updated proposed English name from Huapu Inc. to Highest Performances Holdings Inc. in a new notice of March EGM from the original notice of EGM dated February 5, 2024.
  • The postponement of the EGM is made by the directors of our Company with discretion and the change of the proposed English name is intended to reflect the Company’s current business direction as it is committed to becoming a leading third-party wealth management services provider, and to providing our clients with high-quality, diversified financial products and services and offering a one-stop support platform for financial advisors.
  • Copies of the notice of the March EGM and form of proxy are available on the Investor Relations section of the Company’s website at https://ir.puyiwm.com/.
  • Holders of the Company's American depositary shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares represented by the ADSs must act through the depositary of the Company, Deutsche Bank Trust Company Americas.

Gracell Biotechnologies Announces Shareholders’ Approval of Merger Agreement

Retrieved on: 
Martedì, Febbraio 20, 2024

Pursuant to the Merger Agreement, in accordance with the applicable provisions of the Companies Act (As Revised) of the Cayman Islands, Merger Sub will merge with and into the Company at the effective time of the Merger, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the “Merger”).

Key Points: 
  • Pursuant to the Merger Agreement, in accordance with the applicable provisions of the Companies Act (As Revised) of the Cayman Islands, Merger Sub will merge with and into the Company at the effective time of the Merger, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of the Parent (the “Merger”).
  • Each shareholder has one vote for each Ordinary Share.
  • The Merger Agreement, the Plan of Merger and the Transactions, were approved by approximately 99.9% of the total votes cast at the EGM.
  • The Merger is expected to close on or around February 22, 2024, subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement.

Vertical Enters Into Investment Agreement With Founder and CEO, Stephen Fitzpatrick Committing to Provide up to $50 Million of Funding

Retrieved on: 
Giovedì, Febbraio 22, 2024

Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, in respect of a commitment by Mr. Fitzpatrick to provide up to $50 million of funding to the company in the form of an equity investment.

Key Points: 
  • Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company that is pioneering zero emissions aviation, entered into an investment agreement with its founder, majority shareholder and Chief Executive Officer, Stephen Fitzpatrick, in respect of a commitment by Mr. Fitzpatrick to provide up to $50 million of funding to the company in the form of an equity investment.
  • This follows the January 21, 2024 previously announced legally binding termsheet agreement relating to the committed funding.
  • As part of the commitment, Vertical is obligated to call an extraordinary general meeting of the shareholders of the company (the “EGM”) to vote on the adoption of certain amendments to its amended and restated memorandum and articles of association.
  • Vertical has furnished a circular to its shareholders, providing notice of the EGM, which will be a physical-only meeting taking place at 09:30 GMT on March 13, 2024, at the offices of the Company: 4th Floor, United House, 9 Pembridge Road, London W11 3JY, United Kingdom – including a letter and a form of proxy card in connection with the proposals sought to be adopted by the EGM.