EQS Group: fully virtual Annual General Meeting

Source: RNS
RNS Number : 4693T
EQS Group AG
20 July 2020
 

EQS Group AG / Key word(s): Miscellaneous
German premiere: EQS Group conducts fully virtual Annual General Meeting with live Q&A and voting (news with additional features)

20.07.2020
The issuer is solely responsible for the content of this announcement.

 

German premiere: EQS Group conducts fully virtual Annual General Meeting with live Q&A and voting

Successful premiere: EQS Group has held the first fully virtual Annual General Meeting in Germany where shareholders were able to exercise all of their rights online. Shareholders not only had the opportunity to vote online but could also participate in the general debate with questions and comments. The only thing they had to forgo was cake which had always been served at previous events.

The Munich-based RegTech provider wasn't actually breaking new ground. Eight years ago, EQS Group (initially under the name EquityStory AG) was the first listed company to invite its shareholders to participate in its AGM online and has been doing so ever since. These were however hybrid AGMs with virtual and on-site participation running in parallel as fully virtual AGMs were not permitted under German public company law.

This changed with the recent law to mitigate the consequences of the COVID 19 pandemic, which was passed at the end of March and allowed for fully virtual AGMs. However, some of the new regulations, such as the possibility of excluding the right to ask questions online, were criticised by shareholder protection groups.

Achim Weick, CEO and founder of EQS Group, who has only ever had positive experiences of online shareholder meetings, has a clear position on this: "The modern technologies, which we have been using for years, allow us to reproduce the content of the face-to-face meeting on the Internet and provide participants with a live experience on their own device. As a shareholder-friendly company, we therefore see it as our duty to ensure open and transparent communication without any restriction to shareholder rights."

Other issuers can also continue to benefit from the pioneer's many years of expertise in digital investor relations: "We are a service provider that is passionate about this topic and we will continue to support our clients in holding their shareholder meetings online to further advance the digitalisation of the Annual General Meeting" Weick continues.

In the first three quarters of 2020, EQS Group will, according to current expectations, support a total of around 50 AGMs as a technical service provider.

Contact:

André Marques

CFO

Tel.: +49 89-21029833

Mob.: +49 175-5250009

Email.: andre.marques@eqs.com

 

Additional features:

Picture: 
http://newsfeed2.eqs.com/equitystory/1096739.html
Subtitle: EQS Group Virtual AGM

 

20.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

 

Language:

English

Company:

EQS Group AG


Karlstr. 47


80333 Munich


Germany

Phone:

+49(0)89 210298-0

Fax:

+49(0)89 210298-49

E-mail:

info@eqs.com

Internet:

www.eqs.com

ISIN:

DE0005494165

WKN:

549416

Indices:

Scale 30

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich (m:access), Stuttgart, Tradegate Exchange

EQS News ID:

1096739

 



End of News

DGAP News Service


1096739  20.07.2020 

 


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