German premiere: EQS Group conducts fully virtual Annual General Meeting with live Q&A and voting
July 20, 2020 at 03:05 am EDT
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DGAP-News: EQS Group AG
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German premiere: EQS Group conducts fully virtual Annual General Meeting with live Q&A and voting (news with additional features)
20.07.2020 / 09:00
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
EQS Group AG, formerly known as EquityStory AG, is a Germany-based provider of regulatory technology (RegTech) in the fields of corporate compliance and investor relations. The Companyâs activities are divided into two operating segments: Compliance and Investor Relations. The Compliance segment comprises all products required for companies to fulfill their legal and regulatory obligations, including reporting obligations in the news segment (disclosure), submissions to the Federal Gazette (filing), and new products, such as Insider Manager, Integrity Line, LEI, and ARIVA Workflows. The and Investor Relations segment encompasses products for the areas of financial and corporate communications, including news, websites portals, webcasts and media. In addition, its products are pooled in the cloud-based software EQS COCKPIT. The Companyâs clients are small and medium-sized enterprises (SME), as well as corporate customers. It provides services worldwide.
EQS GROUP AG 
