BURLINGTON, Ontario, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Evertz Technologies Limited (“Evertz” or the “Company”)
(TSX: ET), the leader in Software Defined Video Network (“SDVN”) technology, is pleased to announce the voting results of its
2018 annual general and special meeting of shareholders held on October 10, 2018 in Burlington, Ontario.
Election of Directors
The seven nominees listed in the management information circular for the meeting were elected by Evertz
shareholders as directors of the Company. The election of directors was conducted by way of a show of hands. In accordance with the
requirements of the Toronto Stock Exchange, the following table reflects the results for the election of directors if a ballot vote
had been taken, both by total and as a percentage of votes represented at the meeting:
|
Nominee |
Votes For
by Proxy |
% For
by Proxy |
Votes
Withheld
by Proxy |
% Withheld
by Proxy |
|
Douglas A. DeBruin |
61,157,654 |
96% |
2,867,355 |
4% |
|
Romolo Magarelli |
61,317,396 |
96% |
2,707,613 |
4% |
|
Rakesh Patel |
61,318,084 |
96% |
2,706,925 |
4% |
|
Christopher M. Colclough |
61,289,783 |
96% |
2,735,226 |
4% |
| Dr.
Ian L. McWalter |
62,980,741 |
98% |
1,044,268 |
2% |
| Dr.
Thomas V. Pistor |
62,992,250 |
98% |
1,032,759 |
2% |
|
Brian Piccioni |
62,990,139 |
98% |
1,034,870 |
2% |
Re-appointment of Auditor
The resolution to re-appoint Deloitte LLP as the Company’s auditors and authorizing the directors of the Company
to determine the auditors’ remuneration was unanimously carried pursuant to a vote by show of hands.
Re-approval of Stock Option Plan
By a way of vote by ballot, the re-approval of the Company’s stock option plan and the approval of all
unallocated options thereunder were supported by the Company’s shareholders. Detailed results of the vote on this matter are
set out below.
|
|
Votes For
by Proxy |
% For
by Proxy |
Votes
Against
by Proxy |
% Against
by Proxy |
|
Re-approval of stock option plan |
60,485,660 |
94% |
3,541,699 |
6% |
About Evertz
Evertz Technologies Limited (TSX: ET) designs, manufactures and markets video and audio infrastructure solutions
for the television, telecommunications and new-media industries. The Company’s solutions are purchased by content creators,
broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, and
high and ultra-high definition television (“HDTV” and “UHD”) and next generation high bandwidth low latency IP network environments
and by telecommunications and new-media companies. The Company’s products allow its customers to generate additional revenue while
reducing costs through efficient signal routing, distribution, monitoring and management of content as well as the automation and
orchestration of more streamlined and agile workflow processes on premise and in the “Cloud”.
Contact Information
Evertz Technologies Limited
Anthony Gridley
Chief Financial Officer
(905) 335 7580
ir@evertz.com
