Swiss tech firm: Online voting at AGMs in demand as coronavirus spreads

'There is a big question mark about what you do with an AGM if you expect more than 1,000 people to take part,' said Haeckermann, referring to the Swiss ban on large gatherings. He is seen here at his office in Zurich, Switzerland on March 4. — Reuters

ZURICH: Online voting at annual shareholder meetings (AGMs) has jumped since the coronavirus outbreak as investors shun large gatherings because of travel restrictions or fear of infection, Swiss tech firm Sherpany said.

The company, which counts Swiss giants Novartis, Nestle and Zurich Insurance among its 300 clients worldwide, provides a secure Internet platform which lets shareholders vote on motions until the day before AGMs.