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 Glossary   >   E   >   "Extraordinary general meeting" Definition   

        Extraordinary general meeting

An EGM is a special meeting of a company and its shareholders which can be called by company directors or anyone with at least 10% of the voting rights on the company"s shares.EGMs have to be called in order for certain special resolutions to be passed (e.g. to approve a takeover or merger or break-up of the company) and for the resolution to be passed, 75% of more of the shareholders have to vote for it.

Extraordinary general meeting


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Extraordinary general meeting - An EGM is a special meeting of a company and its shareholders which can be called by company directors or anyone with at least 10% of the voting rights on the company"s shares.EGMs have to be called in order for certain special resolutions to be passed (e.g. to approve a takeover or merger or break-up of the company) and for the resolution to be passed, 75% of more of the shareholders have to vote for it.


Extraordinary general meeting : an egm is a special meeting of a company and its shareholders which can be called by company directors or anyone with at least 10% of the voting rights on the company"s shares.egms have to be called in order for certain special resolutions to be passed (e.g. to approve a takeover or merger or break-up of the company) and for the resolution to be passed, 75% of more of the shareholders have to vote for it.