Baylin Technologies Inc. - Report of Voting Results
Baylin Technologies Inc. - Report of Voting Results
TORONTO, May 9, 2018 /CNW/ - In compliance with Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, set forth below is a brief description of the matters voted upon at the annual general and special meeting of shareholders of Baylin Technologies Inc. (the "Company") held on May 8, 2018 (the "Meeting") and the outcome of the vote on each matter. The Employee Purchase Plan matter was voted on at the Meeting by ballot.
Matter 1: Election of Directors
On a vote by way of a show of hands, each of the seven nominees proposed by management was elected to serve as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed. The numbers in respect of the vote are based on the proxies received.
Votes Nominee Votes For % For Withheld %Withheld Jeffrey C. Royer 19,219,174 99.99% 2,601 0.01% Randy L. Dewey 19,219,174 99.99% 2,601 0.01% Stockwell Day 19,218,174 99.98% 3,601 0.02% David Gelerman 19,208,374 99.93% 13,401 0.07% Barry J. Reiter 19,218,839 99.98% 2,936 0.02% Donald E. Simmonds 19,219,174 99.99% 2,601 0.01% Harold M. Wolkin 19,219,174 99.99% 2,601 0.01% David Saska 19,219,174 99.99% 2,601 0.01%
Matter 2: Re-Appointment of Auditors
On a vote by way of a show of hands, PriceWaterhouseCoopers LLP, were appointed as auditors of the Company to hold office until the close of the next annual meeting of shareholders or until their successors are appointed, at a remuneration to be fixed by the directors of the Company. The numbers in respect of the vote are based on the proxies received.
Votes Votes For % For Withheld %Withheld 19,229,881 100% 0 0.010%
Matter 3: Employee Purchase Plan
On a vote by way of ballot, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's employee purchase plan. The numbers in respect of the vote are based on the ballots received.
Votes Votes For % For Against %Against 1,214,283 60.97% 777,236 39.03%
Yours very truly,
BAYLIN TECHNOLOGIES INC.
"Jeffrey C. Royer"
Jeffrey C. Royer
Chairman of the Board of Directors
Investor Relations: Kelly Myles, Marketing and Communications Manager, Baylin Technologies Inc., kelly.myles@baylintech.com
SOURCE Baylin Technologies Inc.