I keep hearing that our German voters have the view that a single NO vote can over turn any Proxy votes withheld.
That is not true.
Voting WITH HOLD is the same as Voting against here in Canada.
WE also have majority vote rule in which any BOD member getting less than 50 % of total votes must submit his resignation to the BOD
I give an example of voting outcomes below for such clarification.
SO Do VOTE..
Valeura Energy Inc. has provided the voting results from its annual and special meeting of shareholders held on May 13, 2021.
Shareholders voted on and approved the following proposals: (1) the appointment of KPMG LLP as the auditor of the corporation; (2) the election of the directors of the corporation; (3) the continuance of the corporation's shareholder rights plan; and (4) the approval of the corporation's amended and restated bylaws.
The voting results for the election of directors are shown in the associated table.
Total votes Per cent of votes cast Nominee For Withheld Total For Withheld Dr. W. Sean Guest 21,701,863 673,866 22,375,729 96.99% 3.01% Dr. Timothy R. Marchant 21,380,713 995,016 22,375,729 95.55% 4.45% James D. McFarland 21,760,195 615,534 22,375,729 97.25% 2.75% Ronald W. Royal 21,701,863 673,866 22,375,729 96.99% 3.01% Russell J. Hiscock 21,797,047 578,682 22,375,729 97.41% 2.59% Kimberley K. Wood 21,219,347 1,156,382 22,375,729 94.83% 5.17% Timothy N. Chapman 22,113,197 262,532 22,375,729 98.83% 1.17%
About Valeura Energy Inc.
Valeura is a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Turkey.
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