Extraordinary General Meeting


Also found in: Dictionary, Legal, Acronyms, Wikipedia.

Extraordinary General Meeting

Any shareholders meeting other than the annual general meeting. Extraordinary general meetings are usually called to deal with an urgent matter, such as the replacement of an executive or perhaps some legal trouble with the company. Any decision that shareholders must make but cannot wait until the next annual general meeting is made at an EGM.
References in periodicals archive ?
NeuroDerm's board of directors unanimously recommends that NeuroDerm's shareholders vote in favour of the proposal for the extraordinary general meeting.
Minority shareholders in attendance approved all resolutions for both the ordinary and extraordinary general meetings with 99.99% voting favorably and 100 shares voting against, according to the press release issued by the company.
"For a handful of shareholders in Bradford Bulls Holdings led by former chairman Chris Caisley, who between them hold slightly in excess of 50% of the company's share capital, have given notice that they intend to vote myself and Andrew Bennett out of office at an extraordinary general meeting called for next month.
The group has convened ordinary and extraordinary general meetings to be held successively at 12.30pm on Wednesday at Bahrain Conference Centre, Crowne Plaza Hotel.
Anglo Irish Bank's shareholders must agree to the re-capitalisation package at an extraordinary general meeting expected in mid-January.
AN extraordinary general meeting takes place at 9am in the Newbury office of the Jockeys' Association on Thursday, when a change of name to the Professional Jockeys' Association is top of the agenda.
At an extraordinary general meeting in London, 97.48 per cent of votes supported the pounds 6.2 billion deal - above the 75 per cent needed for the proposal to go through.
Ryanair investors voted overwhelmingly to back the takeover at an extraordinary general meeting of shareholders last week.
The VNU saga continues with the announcement that the company's Annual General Meeting of Shareholders (AGM) has been rescheduled from April 18 to June 13.The April 18 meeting has been relabeled an "Extraordinary General Meeting (EGM)." The delay is an effort to give shareholders more time to approve a management-backed plan to sell all shares of the company to Valcon Acquisition, a consortium of private equity firms, for nearly $10 billion.
This right arose from the decision by the extraordinary general meeting of Suzano held to approve the downstream merger of Suzano into Bahia Sul.
Deeny also noted that the Names are able to overturn bylaws at an extraordinary general meeting, although it never has been done.
The Investment Trusts Association said Friday Yoshiaki Kaneko has been named vice chairman at an extraordinary general meeting, replacing Takashi Hinata, who resigned.

Full browser ?