Catena Media intends to call extraordinary general meeting for approval of an amendment to the articles of association not passed at today’s annual general meeting, due to quorum requirements in Malta
Catena Media plc (Nasdaq Stockholm: CTM)Catena Media plc ("Catena Media" or the "Company") announced earlier today that the resolutions to amend the Company’s Articles of Association (the “Amendment Resolutions”), despite all represented shareholders voting in favour, were not approved at the annual general meeting, due to quorum requirements in Malta. · The Amendment Resolutions were not approved due to a majority requirement for Maltese companies that shareholders holding more than 51 per cent of all outstanding shares in the Company vote in favour of the resolution. The Board of