3 questions asked at 2024 Volpara Health Technologies scheme meeting
April 14, 2024
Here is the text of the 3 written questions lodged at the 2024 Volpara Health Technologies scheme meeting held on April 12 in Wellington, where shareholders approved the nearly6 $300m sale of the business to a Korean company.
Q1. The ASX is thinning out noticeably with the biggest drought of IPOs in a decade and one of the biggest runs of takeovers we've ever seen. There have been more than 50 takeover bids of major ASX listed company since 2019 with 4 completed so far this year and another 17 in the works. Is the chair concerned that our company is being swallowed up by a US giant, hollowing out the investment options for Australian and New Zealand shareholders.
Answer: watch video of exchange via Twitter.
Q2. How many shareholders were eligible to vote on today's takeover and how many did so by proxy. What sort of solicitation campaign did you run to maximise retail shareholder participation in today's vote?
Answer: watch video of exchange via Twitter.
Q3. Given the interesting discussion at today's meeting and the fact that thousands of retail shareholders did not attend live, could the chair undertake to make an archived copy of the webcast available on the company's website, at least until the transaction completes?
Answer: watch video of exchange via Twitter.
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