2026 Annual General Meeting Results
Released
Released
Announcement PDF
Avecho Biotechnology Limited | ASX:AVE | ACN: 056 482 403 | ABN: 32 056 482 403
Unit 8A, 2A Westall Road, Hallmarc Business Park, Clayton VIC Australia 3168 avecho.com.au
ASX Announcement
26 May 2026
2026 Annual General Meeting Results
Melbourne, Australia, 26 May 2026 – In accordance with ASX Listing Rule 3.13.2 and section 251AA of
the Corporations Act 2001 (Cth), Avecho Biotechnology Limited (ASX: AVE) advises that the details of the
resolutions and the proxies received in respect of each resolution at its Annual General Meeting today are
set out in the attached proxy summary.
For enquiries, please contact
Naomi Lawrie
Company Secretary
+61 1300 384 692
This announcement has been authorised by the Board of Directors of Avecho Biotechnology Limited.
About Avecho
Avecho Biotechnology Limited develops and commercialises innovative Human and Animal Health products
using its proprietary drug delivery system called Tocopheryl Phosphate Mixture (TPM®). TPM is derived from
Vitamin E using unique, proprietary and patented processes and is proven to enhance the solubility and oral,
dermal and transdermal absorption of drugs and nutrients.
Avecho’s lead asset is a proprietary cannabidiol (“CBD”) TPM soft-gel capsule demonstrated to increase CBD
absorption. The CBD soft-gel capsule is currently undergoing Phase III clinical development for the treatment
of insomnia.
See more here - avecho.com.au
Resolution
Result
Resolution
Resolution
Type
For Against
Proxy's
Discretion
Abstain For Abstain*
Carried /
Not Carried
1,187,473,648 26,869,297 13,179,918 3,513,727 1,240,030,875 3,513,727 Carried
96.74% 2.19% 1.07% 97.88%
1,188,484,836 26,096,665 13,178,807 19,793,789 1,240,840,952 19,793,789 Carried
96.80% 2.13% 1.07% 97.92%
1,103,464,777 23,726,771 13,363,807 3,832,075 1,179,095,558 3,832,075 Carried
96.75% 2.08% 1.17% 98.02%
1,139,016,466 36,970,098 13,363,807 64,037,059 1,214,524,247 64,037,059 Carried
95.77% 3.11% 1.12% 97.03%
1,211,907,522 23,746,128 13,363,807 4,369,973 1,287,415,303 4,369,973 Carried
97.03% 1.90% 1.07% 98.17%
Resolution Reasons(s) for not putting resolution to the meeting
2 Re-Election of Mr Matthew Patrick McNamara
as a Director of the Company
Refer to ASX Announcement dated 25 May 2026
Withdrawn
This resolution was withdrawn
6 Approval of 10% Placement Facility Special
23,946,128
1.83%
* Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.
4 Ratification of prior Issue of
182,653,633 Shares under Placement
Ordinary
23,803,771
1.98%
5 Ratification of prior Issue of
20,000,000 Options to the Lead
Manager (or its nominee)
Ordinary
37,170,098
2.97%
2 Re-Election of Mr Matthew Patrick
McNamara as a Director of the
Company
Ordinary
3 Renewal of Avecho Biotechnology
Limited Equity Incentive Plan
Ordinary
26,296,665
2.08%
This resolution was withdrawn
Against
1 Adoption of Remuneration Report Ordinary
26,869,297
2.12%
Resolution details Instructions given to validly appointed proxies Number of votes cast on the poll
(as at proxy close) (where applicable)
Avecho Biotechnology Limited
Annual General Meeting
Tuesday, 26 May 2026
Results of Meeting
The following information is provided in accordance with section 251AA(2) of the Corporations Act 2001 (Cth) and ASX Listing Rule 3.13.2.
1/1
Share your feedback
Discover