Training company iCreate has secured the Supreme Court’s permission to hold an annual general meeting which combines a physical and virtual meeting space, allowing shareholders to ask questions over a 72-hour period following presentations in the physical meeting.
iCreate offers professional diploma and certificate courses in the field of digital marketing, advertising design, graphic design, animation, digital photography, live television video production and mobile games.
The permission for the hybrid meeting was secured in Supreme Court following presentation of a claim by attorneys-at-law Tavares-Finson and Adams.
In June the Jamaica Stock Exchange which made its own claim alongside 16 other listed companies earlier was also successful in changing the format for AGMs for those companies included in the claim.
For iCreate, following review of the fixed date claim dated June 24, on July 23 the court issued an order declaring that the company will be able to conduct its annual general meeting at a physical venue with ten persons , and also providing for the meeting to be held electronically so that shareholders and directors who cannot attend can see, hear and ask questions, and also vote electronically.
iCreate was mandated to provide shareholders with notice of the meeting , proxy forms, financials and other necessary communication by mail or by notice on its website and the JSE website.
The order said that the information should be served on the Registrar General, the Attorney General, the Companies Office, the Financial Services Commission and the JSE.