ZIM Integrated Shipping (ZIM) adjourns shareholder meeting after low quorum
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. reports that its annual and extraordinary shareholders’ meeting held on December 26, 2025 did not reach the required quorum. Shareholders present held 38,120,799 shares, representing 31.65% of the company’s outstanding ordinary shares, below the 33.333% quorum required under its articles of association.
An adjourned shareholders’ meeting is scheduled for January 2, 2026 at 11:00 a.m. (Israel time) at the company’s Haifa offices. At the adjourned meeting, a single shareholder present in person or by proxy will constitute a quorum, and the original meeting agenda will be discussed. ZIM shareholders of record as of November 17, 2025 may vote, provided their proxy cards are received by 07:00 a.m. (Israel time) on January 2, 2026.
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FAQ
What did ZIM (ZIM) announce about its recent shareholder meeting?
ZIM Integrated Shipping Services Ltd. announced that its annual and extraordinary shareholders’ meeting held on December 26, 2025 did not achieve the required quorum under its articles of association, so no business could be concluded at that meeting.
Why did ZIM’s December 26, 2025 shareholder meeting lack a quorum?
Shareholders present at the meeting held 38,120,799 company shares, representing 31.65% of the outstanding ordinary shares, which was below the 33.333% minimum quorum required by the company’s articles of association.
When and where will ZIM hold the adjourned shareholder meeting?
The adjourned shareholders’ meeting will be held on January 2, 2026 at 11:00 a.m. (Israel time) at ZIM’s offices at 9 Andrei Sakharov Street, Haifa, Israel.
What is the quorum requirement for ZIM’s adjourned shareholder meeting?
Under the company’s articles of association, at the adjourned meeting a single shareholder, at least, present personally or by proxy will constitute a quorum, regardless of the number of shares that shareholder holds.
Which ZIM shareholders are entitled to vote at the adjourned meeting?
Shareholders of ZIM as of the record date of November 17, 2025 are entitled to vote at the adjourned meeting, subject to timely submission of their proxy cards.
What is the deadline for ZIM shareholders to submit proxy cards for the adjourned meeting?
Proxy cards from eligible ZIM shareholders must be received by the company on or before January 2, 2026 at 07:00 a.m. (Israel time) in order to be counted at the adjourned meeting.