TFG Asset Management Celebrates Overwhelming Shareholder Support for Kolibri Governance Reforms
On November 25, 2025, TFG Asset Management UK LLP, which holds a significant 19.8% of the voting rights at Kolibri Global Energy Inc., announced its satisfaction with the results from a special shareholder meeting. An impressive 78.05% of the votes were cast in favor of TFG's proposed governance reform resolution, indicating strong support among investors for changes aimed at improving corporate practices. This result is nothing short of a pivotal moment for Kolibri Global Energy, a company that has faced challenges in aligning its management, board, and shareholders toward a common goal of long-term value creation.
TFG Asset Management's victory in this shareholder resolution is a clear indication of the growing investor sentiment favoring disciplined governance practices and transparent capital allocation. As TFG pointed out, Kolibri has been experiencing a substantial discount in its valuation compared to its peers. This discount has been a pressing concern, and TFG believes that the favorable vote demonstrates a broader recognition among investors regarding the importance of governance in enhancing shareholder value.
In light of the overwhelming support, TFG Asset Management has articulated a comprehensive plan aimed at not only enhancing governance structures at Kolibri but also engaging with shareholders to ensure their interests are represented effectively on the board. The firm underscored the notion that this resolution is just the beginning of a more extensive initiative to advance corporate governance standards and unlock potential value for all Kolibri shareholders.
TFG's plans may include various strategic measures directed at improving Kolibri's corporate governance framework. Options under consideration include evaluating the composition of Kolibri’s board to bring aboard individuals with the right expertise and skill set to maximize value creation. Furthermore, TFG may advocate for the acceleration of stock buybacks to take advantage of the existing valuation gap, thereby benefiting all shareholders. A thorough strategic review could also be in the pipeline to identify the best pathways for realizing value for shareholders moving forward.
As TFG Asset Management looks ahead, the firm expresses anticipation about collaborating with Kolibri's stakeholders, which encompass shareholders, members of the board, and the management team. By fostering a culture of transparency and solid governance practices, TFG aims to build an environment in which Colibri can thrive and close the valuation gap with its competitors.
It is noteworthy that this sort of shareholder engagement and activism is becoming increasingly common in today's corporate landscape, as more institutional investors recognize the critical role that governance plays in long-term profitability and value generation. This trend underscores a fundamental shift in how corporations operate and how they are held accountable to their investors, particularly in sectors like energy where ethical and sustainable practices are gaining prominence.
TFG Asset Management has reiterated its commitment to enhancing corporate governance practices not just within Kolibri, but as a guiding principle across its portfolio of investments. The firm remains dedicated to ensuring that shareholders' voices are heard clearly, and their interests effectively represented.
In conclusion, today marks a significant turning point for Kolibri Global Energy, and with TFG Asset Management at the helm, pointing toward reforms aimed at aligning management, board, and shareholders, the path forward looks promising. With active engagement strategies in place and a clear focus on accountable governance, there is confidence that Kolibri will navigate the challenges ahead and emerge stronger for its stakeholders.