EGM

Extraordinary General Meeting

Shareholder meeting called to approve any urgent / non-routine matter.

What is EGM?

EGM is convened for special resolutions like name change, capital increase, MoA / AoA alteration, share buy-back, scheme of merger. 21-day notice required (can be shortened with 95% consent). Special resolution = 75% majority.

Who needs EGM?

Companies needing shareholder approval for special items between AGMs.