Way2Vat Limited’s shareholders have overwhelmingly approved a suite of resolutions at the December 2025 Extraordinary General Meeting, including share placements, executive performance options, and a share consolidation.
- All eight resolutions passed with strong shareholder support
- Ratification and approval of multiple tranches of placement shares
- Approval of lead manager options granted to PAC Partners
- Share capital consolidation endorsed
- Performance options approved for key executives under the employee incentive plan
Strong Shareholder Endorsement
Way2Vat Limited, a global fintech specialist in automated VAT reclaim solutions, has successfully navigated a pivotal Extraordinary General Meeting (EGM) held on 10 December 2025. The company announced that all resolutions put to shareholders were carried with overwhelming majorities, reflecting robust investor confidence in the company’s strategic direction.
The resolutions covered a broad spectrum of corporate actions, including the ratification of prior share placements and approval for new share issuances. These moves are critical for Way2Vat as it seeks to bolster its capital base to support ongoing growth and innovation in its patented AI-driven VAT reclaim platform.
Capital Raising and Share Consolidation
Among the key items approved were the ratification of Tranche 1 placement shares issued under ASX Listing Rules 7.1 and 7.1A, as well as the approval for Tranche 2 placement shares. These placements are designed to provide the company with additional funding flexibility. Shareholders also endorsed a consolidation of share capital, a move often aimed at improving the stock’s marketability and aligning the capital structure with the company’s growth ambitions.
Executive Incentives and Governance Updates
Way2Vat’s shareholders also gave the green light to the issuance of performance options to key executives, including CEO Amos Simantov, CFO Adoram Ga’ash, and Non-Executive Director Robert Edgley, under the company’s employee incentive plan. This aligns management’s interests with shareholder value creation and signals confidence in the company’s future performance.
Additionally, amendments to the company’s amended and restated articles of association were approved, reflecting ongoing governance refinement as Way2Vat scales its operations across multiple international jurisdictions.
Market and Strategic Implications
The strong proxy vote results, often exceeding 97% in favor, underscore shareholder support for the company’s capital management and incentive strategies. While the announcement does not disclose detailed financial terms of the placements or options, the approvals clear the way for Way2Vat to execute its growth plans with enhanced financial and managerial alignment.
With a presence spanning Tel Aviv, the UK, Spain, and Romania, and serving nearly 500 enterprise clients globally, Way2Vat is positioning itself to capitalize on increasing demand for automated VAT/GST recovery solutions. The recent approvals provide a foundation for scaling its patented AI technology and expanding market penetration.
Bottom Line?
Way2Vat’s decisive shareholder backing sets the stage for accelerated growth and strategic execution in 2026.
Questions in the middle?
- What are the detailed financial terms and dilution impact of the approved share placements?
- How will the share consolidation affect liquidity and stock price in the near term?
- What performance milestones must executives meet to realise their newly granted options?