TORONTO, June 25, 2013 /CNW/ - Mood Media Corporation (ISIN:
CA61534J1057) (TSX: MM / LSE AIM: MM) ("Mood Media" or the "Company")
is pleased to announce that all resolutions were passed at its annual
and special meeting of shareholders that was held today in Toronto,
Ontario, Canada.
In addition to the election of each of the nominee directors discussed
in detail below, at the meeting Ernst & Young LLP were re-appointed
auditors of the Company and the resolution to approve, ratify and
confirm the Company's By-Law No. 2 (an advance notice by-law) were all
approved.
Election of Directors
According to proxies received and a vote by show of hands, the seven
nominees set forth in the management information circular of the
Company dated May 24, 2013 (the "Circular") were elected as directors of the Company to hold office until the
close of the next annual meeting of the Company's shareholders or until
their successors are duly elected or appointed.
The following are the voting results on this matter:
|
Director
|
|
Number of Shares
|
|
Percentage of Votes
Cast
|
|
|
|
|
|
|
|
|
|
Lorne K. Abony
|
|
Votes For:
|
|
87,808,949
|
|
87.88%
|
|
|
|
Votes Withheld:
|
|
12,109,479
|
|
12.12%
|
|
|
|
|
|
|
|
|
|
Justin F. Beckett
|
|
Votes For:
|
|
60,376,037
|
|
60.43%
|
|
|
|
Votes Withheld:
|
|
39,542,391
|
|
39.57%
|
|
|
|
|
|
|
|
|
|
James Lanthier
|
|
Votes For:
|
|
87,811,449
|
|
87.88%
|
|
|
|
Votes Withheld:
|
|
12,106,979
|
|
12.12%
|
|
|
|
|
|
|
|
|
|
Richard Weil
|
|
Votes For:
|
|
85,543,749
|
|
85.61%
|
|
|
|
Votes Withheld:
|
|
14,374,679
|
|
14.39%
|
|
|
|
|
|
|
|
|
|
Harvey Solursh
|
|
Votes For:
|
|
89,846,449
|
|
89.92%
|
|
|
|
Votes Withheld:
|
|
10,071,979
|
|
10.08%
|
|
|
|
|
|
|
|
|
|
Anatoli Plotkine
|
|
Votes For:
|
|
87,909,349
|
|
87.98%
|
|
|
|
Votes Withheld:
|
|
12,009,079
|
|
12.02%
|
|
|
|
|
|
|
|
|
|
Philippe von Stauffenberg
|
|
Votes For:
|
|
37,435,565
|
|
37.47%
|
|
|
|
Votes Withheld:
|
|
62,482,863
|
|
62.53%
|
Appointment of Auditors
According to proxies received and vote by show of hands, Ernst & Young
LLP were appointed as the Company's auditors for the ensuing fiscal
year and the directors were authorized to fix the remuneration to be
paid to the auditors.
The following are the voting results on this matter:
|
|
|
Number of Shares
|
|
Percentage of Votes Cast
|
|
|
|
|
|
|
|
Votes For:
|
|
102,733,846
|
|
97.81%
|
|
|
|
|
|
|
|
Votes Withheld:
|
|
2,297,279
|
|
2.19%
|
By-Law No. 2
According to proxies received and a vote by ballot, the resolution to
confirm, approve and ratify the Company's By-Law No. 2, the full text
of which is attached to the Circular and available on www.sedar.com, was approved.
The following are the voting results on this matter:
|
|
Number of Shares
|
Percentage of Votes Cast
|
|
|
|
|
|
Votes For:
|
81,379,549
|
81.45%
|
|
|
|
|
|
Votes Against:
|
18,538,879
|
18.55%
|
About Mood Media Corporation
Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world's
largest designers of in-store consumer experiences, including audio,
visual, interactive, scent, voice and advertising solutions. Mood
Media's solutions reach over 150 million consumers each day through
560,000 subscriber locations in over 40 countries throughout North
America, Europe, Asia and Australia.
Mood Media Corporation's client base includes more than 850 U.S. and
international brands in diverse market sectors that include: retail,
from fashion to financial services; hospitality, from hotels to health
spas; and food retail, including restaurants, bars, quick-serve and
fast casual dining. Our marketing platforms include 77% of the top 100
retailers in the United States and 100% of the top 50 quick-serve and
fast-casual restaurant companies.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements. The words
"believe", "expect", "anticipate", "estimate", "intend", "may", "will",
"would" and similar expressions and the negative of such expressions
are intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to important assumptions,
including without limitation, expected growth, results of operations,
performance, and business prospects and opportunities. While Mood Media
considers these factors and assumptions to be reasonable based on
information currently available, they may prove to be incorrect. Known
and unknown factors could cause actual results to differ materially
from those projected in the forward-looking statements. Such factors
include, but are not limited to: the impact of general market,
industry, credit and economic conditions, currency fluctuations as well
as the risk factors identified in Mood Media's management discussion
and analysis dated March 27, 2013 and Mood Media's annual information
form dated March 28, 2013, both of which are available on www.sedar.com. Given these uncertainties, readers are cautioned not to place undue
reliance on such forward-looking statements. All of the
forward-looking statements made in this press release are qualified by
these cautionary statements and other cautionary statements or factors
contained herein, and there can be no assurance that the actual results
or developments will be realized or, even if substantially realized,
that they will have the expected consequences to, or effects on, Mood
Media. Forward-looking statements are given only as at the date hereof
and Mood Media disclaims any obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by applicable laws.
SOURCE: Mood Media Corporation
