An extraordinary general meeting handles matters that cannot wait for the next AGM, or that law and the articles treat as special business: large acquisitions, capital changes, mergers, or removing a director. Notice periods and voting thresholds are often stricter than for routine AGM items.
Key takeaways
- EGMs are event driven; read the circular before you vote.
- Special resolutions may need higher majority thresholds than ordinary ones.
- Proxies matter even more when the outcome can reshape the company.
- Not every EGM is a crisis, but each one deserves attention from serious holders.