IntelGenx Announces Voting Results on Election of Directors

IntelGenx Technologies Corp.
IntelGenx Technologies Corp.

In This Article:

SAINT LAURENT, Quebec, May 08, 2024 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX: IGX) (OTCQB: IGXT) (the “Company” or “IntelGenx”) announces that, at the annual meeting of shareholders of the Company held on May 7, 2024 (the “Annual Meeting”), shareholders voted in favour of all items of business put forth by the Company, including the election of the directors by a majority of the votes cast by shareholders present or represented by proxy.

The Annual Meeting was held in a virtual-only format, for those who were shareholders of the Company at the close of business on March 11, 2024 (the “Record Date”), pursuant to notice and proxy materials duly communicated to them. As of the Record Date, there were 174,658,096 shares outstanding of the Company’s common stock at $0.00001 par value (the “IntelGenx Common Stock”). Shareholders as of the Record Date holding 109,675,659 shares (62,794%) of the IntelGenx Common Stock were present at the Annual Meeting or per proxy. Each such shareholder was entitled to one vote for each share of the IntelGenx Common Stock held on the Record Date.

At the Annual Meeting, the following matters were submitted to votes of the Company’s shareholders:

 

(i)

the election of eight directors;

 

(ii)

the ratification of Richter LLP as the Company’s independent auditors for the fiscal year ending December 31, 2024;

 

(iii)

the advisory vote on executive compensation; and

 

(iv)

the passing of a resolution to approve all unallocated PRSUs.


Detailed voting results on the election of directors are as follows:

Name of Nominee

For

Against

Abstain

 

Number

%

Number

%

Number

%

Horst G. Zerbe, Ph.D.

75,711,268

96.96

1,982,893

2.54

388,516

0.50

Bernd J. Melchers

75,750,832

97.01

1,437,429

1.84

894,416

1.15

Clemens Mayr

76,121,283

97.49

1,469,578

1.88

491,816

0.63

Mark Nawacki

76,244,152

97.65

1,359,609

1.74

478,916

0.61

Monika Trzcinska, Ph.D.

76,447,263

97.91

1,157,118

1.48

478.296

0.61

Sahil Kirpekar, Ph.D.

76,298,523

97.71

1,255,347

1.61

528,807

0.68

Ryan Barrett.

76,142,943

97.52

1,378,427

1.76

561,307

0.72

Dwight Gorham

75,922,577

97.23

1,611,018

2.06

549,082

0.70


About IntelGenx

IntelGenx is a leading drug delivery company focused on the development and manufacturing of pharmaceutical films.

IntelGenx’s superior film technologies, including VersaFilm?, DisinteQ?, VetaFilm? and transdermal VevaDerm?, allow for next generation pharmaceutical products that address unmet medical needs. IntelGenx’s innovative product pipeline offers significant benefits to patients and physicians for many therapeutic conditions.

IntelGenx's highly skilled team provides comprehensive pharmaceuticals services to pharmaceutical partners, including R&D, analytical method development, clinical monitoring, IP and regulatory services. IntelGenx's state-of-the-art manufacturing facility offers full service by providing lab-scale to pilot- and commercial-scale production. For more information, visit www.intelgenx.com.