Recent Updates
Recently added Catalysts
ATHE Positive Sentiment Score: 75/100

Disclosure of Proxy Votes Alterity Therapeutics Limited Extraordinary General Meeting Monday, 31 March 2025 GPO Box 5193, Sydney, NSW 2001 P 1300 288 664 (aus) or +61 (0)2 9698 5414 (world) F +61 (0)2 8583 3040 E hello@a

Key Takeaway: Alterity Therapeutics Limited announced the results from its extraordinary general meeting held on March 31, 2025. All proposed resolutions regarding the issuance of shares and options received strong support, with the majority of votes exceeding 90% in favor. This indicates a robust endorsement of the company's strategies from its shareholders, demonstrating their confidence in the company's future endeavors.

Market Sentiment Analysis

POSITIVE FACTORS

  • All resolutions at the extraordinary general meeting were carried.
  • Majority votes for the share and option issues exceeded 90% in several resolutions.
  • Strong support indicates confidence from shareholders in the company's direction.

Full Press Release Details

In accordance with section 251AA of the Corporations Act
2001, the following information is provided in relation to resolutions put to members at the meeting.
Proxy Votes Poll Results (if applicable) Results
Resolution Decided by Show of Hands (S) or Poll (P) Total Number of Proxy Votes exercisable by proxies validly appointed FOR AGAINST ABSTAIN PROXY'S DISCRETION FOR AGAINST ABSTAIN OUTCOME
1 Ratification of prior issue of Shares P 782,564,458 657,057,386 83.96% 92,500,708 11.82% 1,534,571 33,006,364 4.22% 700,829,750 88.34% 92,500,708 11.66% 1,534,571 Carried
2 Ratification of prior issue of Shares P 467,191,617 341,671,945 73.13% 92,513,308 19.80% 1,654,571 33,006,364 7.06% 385,444,309 80.64% 92,513,308 19.36% 1,654,571 Carried
3 Approval for issue of Shares P 1,028,650,344 928,398,161 90.25% 66,938,959 6.51% 1,027,200 33,313,224 3.24% 972,477,385 93.56% 66,938,959 6.44% 1,027,200 Carried
4 Approval for issue of Options P 457,078,417 353,933,151 77.43% 69,832,042 15.28% 4,082,971 33,313,224 7.29% 398,012,375 85.07% 69,832,042 14.93% 4,082,971 Carried
5A Approval for issue of Securities - Placement - Peter Marks P 1,033,783,401 967,829,394 93.62% 36,790,262 3.56% 3,037,000 29,163,745 2.82% 1,007,759,139 96.48% 36,790,262 3.52% 3,037,000 Carried
5B Approval for issue of Securities - Placement - Brian Meltzer P 1,033,610,512 968,680,105 93.72% 35,766,662 3.46% 3,055,000 29,163,745 2.82% 1,008,609,850 96.58% 35,766,662 3.42% 3,055,000 Carried
5C Approval for issue of Securities - Placement - Lawrence Gozlan P 1,039,426,769 973,338,362 93.64% 36,924,662 3.55% 3,055,000 29,163,745 2.81% 1,013,268,107 96.48% 36,924,662 3.52% 3,055,000 Carried
6 Approval for issue of Options P 1,013,470,209 924,677,848 91.24% 49,802,116 4.91% 30,536,160 38,990,245 3.85% 974,434,093 95.14% 49,802,116 4.86% 30,536,160 Carried
Proxy Votes Poll Results (if applicable) Results
Resolution Decided by Show of Hands (S) or Poll (P) Total Number of Proxy Votes exercisable by proxies validly appointed FOR AGAINST ABSTAIN PROXY'S DISCRETION FOR AGAINST ABSTAIN OUTCOME
7 Approval to refresh and amend 2004 ASX Plan P 1,039,321,019 908,349,072 87.40% 97,974,583 9.43% 4,684,750 32,997,364 3.17% 935,463,691 90.52% 97,974,583 9.48% 5,440,750 Carried
8 Approval to refresh and amend 2018 ADS Plan P 1,039,310,819 910,329,672 87.59% 95,983,783 9.24% 4,685,950 32,997,364 3.17% 938,200,291 90.72% 95,983,783 9.28% 4,685,950 Carried

Frequently Asked Questions

What were the outcomes of the resolutions proposed?

All proposed resolutions were carried, indicating majority approval.

How many proxy votes were cast for the share issues?

For share issues, proxy votes exceeded 1 billion for several resolutions.

What percentage of votes approved the share placements?

Share placements received over 93% approval in each related resolution.

Were there any resolutions with significant abstentions?

Yes, some resolutions had abstentions around 3% to 7%.

How were the voting results determined?

Results were determined by a poll method according to proxy votes.

Last updated: Mar 31, 2025