RTRS voting results 2024 -2
Having closed the voting period started upon the publication of the Voting Notice on December 02, 2024, and ended on January 02, 2025 (the “Voting Period”), below there is a summary of the results obtained:
- RESOLUTIONS SUBMITTED TO THE CONSIDERATION OF RTRS PARTICIPATING MEMBERS
In accordance with the written based voting procedure adopted for the consideration of the following resolutions -following the requirements of Article 18 of RTRS Statutes-, it was first required that the simple majority (more than half) of all Participating Members at the time of the publication of the Voting Notice (without consideration of the constituencies) cast a vote through the relevant Voting Ballot Sheet either (i) by casting a vote in favor or against the resolution, or (ii) by abstaining from voting. Otherwise, the resolution should have been deemed reject.
At the time of the publication of the Voting Notice RTRS had 173 Participating Members consisting of:
- Constituency Producers:16 Participating Members
- Constituency Industry, Trade and Finance: 148 Participating Members
- Constituency Civil Society Organizations: 09 Participating Members
Therefore, in order for the resolutions to be passed a minimum participation of 87 Participating Members was required in each of them.
In case the simple majority (more than half) of all 173 Participating Members at the time of the publication of the Voting Notice (without consideration of the constituencies) cast a vote, but at least one Participating Members cast a vote against the resolution, a re-counting of the votes at a constituency level had to be conducted. Therefore, according to such re-counting of the votes, simple majority (more than half of the valid votes cast) in favor of the resolution had to be achieved within each of the constituencies having cast a vote, to deem the resolution approved in accordance with Article 18(8) et seq. of RTRS Statutes. Otherwise, the resolution should have been deemed rejected.
Find full details about the voting results here
