Evogene signs deal for four nominees' board elections
Subject to the agreement's terms, the reporting persons agreed not to commence a special tender offer for 60 days, alongside limits on Evogene's new share issuances.
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Rhea-AI Filing Summary
Evogene Ltd. disclosed an October 6, 2026 Cooperation Agreement with L.I.A. Pure Capital Ltd. and Invest Pro Shukai Hon Ltd. Dr. Yael Margolin and Mr. Yoshinori Oikawa resigned before signing; the board appointed Dr. Adi Zuluf-Shani and Mr. Oz Adler until a shareholder meeting, where they will stand for election. The meeting will also consider the agreement and elections of Mr. Itay Maroz and Mr. Shahar Zadok to replace Mr. Dan Falk and Dr. Adrian Percy.
After shareholder approval, the board is expected to have seven directors: four reporting-person nominees and three continuing directors expected to serve up to six months. The reporting persons agreed to withdraw their announced tender-offer intention and, subject to the agreement, not commence a special tender offer for 60 days. Evogene agreed during that period not to issue ordinary shares or convertible or exchangeable securities, except employee issuances in the ordinary course consistent with past practice. Shared voting power is reported over 3,057,488 shares (16.94%).
Filing Explained
The four reporting persons each report the same 3,057,488-share shared-voting position, equal to 16.94% of shares outstanding; sole dispositive power is divided between Pure Capital (2,557,488 shares) and Invest Pro (500,000 shares).
Key Figures
Key Terms
beneficial owner regulatory
sole dispositive power regulatory
special tender offer regulatory
at-the-market offering program financial
FAQ
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What board changes did EVGN's cooperation agreement provide for?
Did EVGN's reporting persons proceed with a special tender offer?
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