Ebusco Calls Extraordinary Meeting for Board Appointments and Repays €5.1M Loan Early
€5.1 million
March 27, 2026
May 1, 2026
What Happened
Ebusco released the convocation for an extraordinary general meeting of shareholders to be held on March 27, 2026, at its Deurne office. Shareholders will vote on appointing Mr. Hou Fei as Chief Operating Officer and Ms. Liesbeth Brouwer to the Supervisory Board. The meeting will be chaired by Carin Gorter, who recently succeeded Derk Haank as Supervisory Board Chair.
Appointment of Hou Fei as COO announced
EGM convocation published
Extraordinary General Meeting to be held
€5.1 million loan repaid early
Annual General Meeting scheduled
€5.1 millionEUR
Repaid early before May 1, 2026 maturity, avoiding penalties and enabling on-time bus deliveries.
Why this matters
The early loan repayment and proposed board appointments signal Ebusco's efforts to stabilize its finances and governance after a challenging period, enabling on-time bus deliveries and avoiding penalties.
Terms in This Story
- EGM
- Extraordinary General Meeting – a shareholder meeting called to address urgent matters outside the annual meeting.
- Supervisory Board
- A board that oversees the management board and company strategy in a two-tier governance system.
- Working capital bridge
- A short-term loan used to cover operational cash flow needs.
- COO
- Chief Operating Officer – executive responsible for day-to-day operations.
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