AGM/EGMJul 8, 2026, 08:02 AM
Genius Group AGM Approves All 10 Proposals, Including Share Buyback
AI Summary
Genius Group Limited held its Annual General Meeting on July 7, 2026, where all ten proposed resolutions were approved by shareholders. Key approvals included the adoption of the financial statements for the year ended December 31, 2025, and the payment of directors' fees totaling USD $1,020,000. Shareholders also re-elected two directors, re-appointed the company's auditor, and authorized a share buyback mandate, share consolidation, and the issuance of various classes of shares.
Key Highlights
- Shareholders approved the Directors' Statement and Audited Financial Statements for FY2025 with 99.61% of votes.
- Payment of directors' fees of USD $1,020,000 for FY2025 was approved with 98.06% of votes.
- Thomas Peter Power was re-elected as a Director with 98.99% of votes.
- Eva Maria Mantziou was re-elected as a Director with 98.41% of votes.
- Enrome LLP was re-appointed as the Company's Auditor with 99.46% of votes.
- Authorization to allot and issue Class A Ordinary Shares was approved with 97.39% of votes.
- The proposed Share Buyback Mandate was authorized with 99.54% of votes.
- Conditional Authority for Share Consolidation was approved with 96.56% of votes.
- Authorization to allot and issue Class B, Class C Ordinary Shares and Preference Shares was approved with 97.58% of votes.
- Authorization for the conversion of shares was approved with 98.12% of votes.
Price Impact
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