Colombo, 29 August 2026 – Tangerine Beach Hotels PLC (CSE: TANG) has issued a supplementary notice to its shareholders, confirming that its 46th Annual General Meeting (AGM) for the financial year 2025/26 will be held virtually. The much-anticipated meeting is scheduled for Wednesday, 30th September 2026, leveraging an online audio/visual platform to ensure broader participation and adherence to current guidelines.
The decision to conduct the AGM virtually comes in line with the guidelines issued by the Colombo Stock Exchange (CSE) for hosting shareholder meetings through audio/visual means. This approach underscores Tangerine Beach Hotels PLC’s commitment to facilitating shareholder engagement while ensuring convenience and compliance.
Key Details for Shareholder Participation:
In its supplementary notice, Tangerine Beach Hotels PLC, through its secretaries Mercantile Investments and Finance PLC, outlined the essential procedures for shareholders wishing to attend the virtual 46th AGM:
- Virtual Platform: The AGM will be conducted entirely through an online platform. Only key officials essential for the administration of the meeting’s formalities will be physically present at a designated venue.
- Registration is Mandatory: Shareholders and their duly appointed proxy holders who intend to participate virtually must forward a perfected Registration Form (Annexure 1). This form can be sent to Mercantile Investments and Finance PLC at 236, Galle Road, Colombo 3, or via email to mercantile@mi.com.lk.
- Registration Deadline: The completed Registration Form must be submitted at least 48 hours before the time fixed for the meeting (i.e., by 3:00 PM on 28th September 2026).
- Login Information: Upon successful verification of registration details, adequate arrangements will be made to forward login information to participating shareholders in advance of the meeting. Shareholders are advised to join the AGM at least 15 minutes before its commencement, though the digital platform will be active 30 minutes prior.
- Shareholder Interaction: The company will provide shareholders with the opportunity to raise questions or comments regarding the agenda items during the meeting. Alternatively, questions can be submitted in advance to mercantile@mi.com.lk.
- Online Voting: Voting on items listed on the agenda will be conducted via the online platform. A briefing on the voting procedure will be provided to shareholders/proxy holders before the AGM officially begins.
Tangerine Beach Hotels PLC emphasizes that the company will not be responsible or liable for any misuse or unauthorized use of login information. Shareholders are encouraged to keep their login credentials secure.
Future Communications and Acknowledgement:
The company has also stated that any further actions, communications, guidelines, directives, or orders from the Government of Sri Lanka concerning the meeting will be announced via the Colombo Stock Exchange and/or published on the company’s official website, www.tangerinehotels.com.
The Board of Directors extended their gratitude to the shareholders for their cooperation and support in ensuring a smooth and uninterrupted process for the upcoming Annual General Meeting, expressing anticipation for their virtual attendance.
This virtual AGM format is a testament to the evolving landscape of corporate governance in Sri Lanka, enabling companies to meet statutory obligations while prioritizing the safety and accessibility of its valued shareholders.
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