25 November 2020

​

Techfinancials, Inc

​

(“TechFinancials” or the “Company” or the “Group”)

​

Notice of AGM

​

TechFinancials Inc. (AQSE: TECH), is pleased to announce that the Annual General Meeting (‘AGM’) of shareholders of the Company will be held on December 17, 2020, at 08:30 a.m. UK time in Hertzelia, Israel.

 

Notice of the AGM can be found at the Company website: https://group.techfinancials.com/aqse-rule-71/, together with the 2019 Annual Report and Accounts, which can be found at https://group.techfinancials.com/annual-interim-reports/. The financial statements shall be presented as part of the ordinary business of the AGM.

​

COVID-19

​

As the situation surrounding COVID-19 continues to evolve, the Company is closely monitoring Public Health guidelines on public gatherings. The Company’s key priority during these unprecedented times is the health and safety of its employees, and, of course, its Shareholders. Due to restrictions that apply in the UK, Israel and most of Europe with regard to public gatherings, this year’s AGM will be run as a closed meeting and Shareholders will not be permitted to attend the AGM in person. The Board believe that it is in the best interests of the Company and its Shareholders to reduce the AGM to the minimum necessary quorum of two Shareholders (which will be satisfied by the Company with two Directors attending). The AGM will be purely functional and comprise only of the formal votes for each resolution set out in this document without any business update or Q&A on the day. 

​

The Company is implementing the following precautions to ensure that the AGM is held in a compliant and safe way: 

​

Shareholders and their representatives will NOT be permitted to attend the AGM in person; 

Instead, all Shareholders should vote by proxy to ensure that their vote is counted at the AGM by completing a form of proxy attached to this notice; Please see the Notes of the Notice for instructions to enable Registered members to vote by email, and Depositary Interest Holders will be able to vote by instructing their brokers to vote on their behalf. Given the restrictions on attendance, Shareholders are advised to appoint the Chairman of the meeting as their proxy rather than a named person who will not be permitted to attend the meeting.

We trust that Shareholders will understand the need for these precautions in light of current public health guidelines on COVID-19.

​

The directors of the Company accept responsibility for the contents of this announcement.