SECsense Logo
<!-- Icon from Material Symbols by Google - https://github.com/google/material-design-icons/blob/master/LICENSE -->Back to Posts

Turbo Energy, S.A. Reports Strong Shareholder Support in Extraordinary Meeting Results

$TURB
6-K
Filed on: 2024-12-19
View Source
Turbo Energyshareholder meetingcorporate governanceDeloitteequity incentive plan
Turbo Energy, S.A. Reports Strong Shareholder Support in Extraordinary Meeting Results

Here’s a summary of the key information extracted from the financial report of Turbo Energy, S.A., which is filed as a Form 6-K:

Company Information

  • Name: Turbo Energy, S.A.
  • Address: Calle Isabel la Catolica, 8, Door 51, Valencia, Spain 46004
  • SEC Commission File Number: U 001-41813
  • Filing Date: December 19, 2024

Meeting Details

  • Extraordinary General Shareholders’ Meeting:
  • Date: December 18, 2024
  • Time: 1:00 PM CET (UTC+01:00)
  • Record Date: November 20, 2024
  • Total Ordinary Shares Issued: 55,085,700
  • Voting Participation: 92.8% (51,177,950 shares voted)

Proposals and Voting Results

  1. Proposal 1: Increase the number of directors from seven to eight and appoint Mr. Julian Groves as a new executive director.
  • Votes in Favor: 50,710,175 (99.20% of present share capital)
  • Votes Against: 390,600
  • Abstentions: 17,175
  • Approved by: 92.06% of total votes.
  1. Proposal 2: Ratification of Deloitte as the Company’s Spanish public accounting firm for FY 2024.
  • Votes in Favor: 51,102,950 (99.97% of present share capital)
  • Votes Against: 8,050
  • Abstentions: 6,950
  • Approved by: 92.77% of total votes.
  1. Proposal 3: Amendment to increase shares available under the 2023 Equity Incentive Plan from 1,900,000 to 5,500,000.
  • Votes in Favor: 50,696,025 (99.17% of present share capital)
  • Votes Against: 416,150
  • Abstentions: 5,775
  • Approved by: 92.03% of total votes.
  1. Proposal 4: Granting powers for execution and notarization of resolutions for registration in the Mercantile Registry.
  • Votes in Favor: 51,081,100 (99.93% of present share capital)
  • Votes Against: 24,950
  • Abstentions: 11,900
  • Approved by: 92.73% of total votes.
  1. Proposal 5: Reading and approval of the General Shareholders Meeting minutes.
  • Votes in Favor: 51,092,470 (99.95% of present share capital)
  • Votes Against: 16,750
  • Abstentions: 6,325
  • Approved by: 92.75% of total votes.

Additional Information

  • Press Release: The results of the Extraordinary General Meeting were released in a press release dated December 19, 2024.

Signatory

  • CEO: Mariano Soria
  • Date of Signature: December 19, 2024

This summary encapsulates the main points of the report, including the outcomes of the shareholder meeting, which reflect strong support for the proposed changes and appointments.

You May Also Like