ADS-TEC Energy answers shareholder questions ahead of Sept. 21 AGM
Reuters2026/09/01 09:13- ADS-TEC Energy published proxy Q&A ahead of its Sept. 21, 2026 AGM in Dublin, setting Aug. 27, 2026 as record date.
- Voting rights set at one vote per ordinary share; 75,185,986 ordinary shares outstanding as of the record date.
- Quorum requires at least two shareholders holding more than 50% of votes, present in person or by proxy; abstentions count for quorum.
- Key decision point flagged for Proposal 7: 75% of votes cast needed to allow cash share issues without statutory pre-emption rights.
- Proposal 6 framed as ordinary-resolution authority to allot up to 15,037,197 shares, about 20% of issued ordinary share capital, for 18 months.
- Broker discretion applies to Proposals 1, 2, 3, 6, 7; director re-elections are non-routine, risking broker non-votes without instructions.
- Proxy deadline set for 2 p.m. Dublin time on Sept. 18, 2026; revocations must meet the same cutoff for registered holders.
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