PostPrime lets Cybridge cast 33.42% of AGM votes from a post-record-date allotment
PostPrime will let Cybridge vote 20,980 rights tied to 2,098,000 shares issued after the May 31 record date at its August 26 AGM, giving the new holder 33.42% of the meeting's votes under the company's method. The company says it wants the meeting to reflect shareholder intent closer to the date itself; investors may prefer record dates for exactly the opposite reason. The timing also lands as PostPrime buys Infinity Life for ¥105mn in cash to push into business succession and M&A intermediation.