Tecsys Announces Election of Directors, Appointment of Auditors, Approval of Unallocated Options and Adoption of Advance Notice By-Law
In This Article:
MONTREAL, Sept. 5, 2024 /CNW/ -- Tecsys Inc. (TSX: TCS), (the "Corporation"), announces the results of the matters voted upon at the annual and special meeting (the "Meeting") of shareholders of the Corporation (the "Shareholders") held on September 5, 2024.
According to the scrutineers' report, shareholders holding 12,226,818 common shares (the "Common Shares") were represented at the Meeting in person or by proxy, representing 82.61% of the issued and outstanding Common Shares as of the record date on July 19, 2024.
The Shareholders elected the nine nominees listed in the management information circular dated July 24, 2024 (the "Circular") to be the directors of the Corporation (the "Directors"). Each nominee was elected by a majority of the votes cast. Each Director will hold office until the next annual meeting of Shareholders or until the election of his or her successor, unless the Director resigns or the Director's office becomes vacant. The matter was put to a vote by ballot and the report on proxies provided by the scrutineers at the Meeting was as follows:
| | Number of | Number of Votes | Percentage of Total | Percentage of Total |
| Director Nominee | Votes FOR | AGAINST | Votes FOR | Votes AGAINST |
| David Brereton | 11,654,393 | 486,910 | 95.99 % | 4.01 % |
| Peter Brereton | 11,720,675 | 420,628 | 96.54 % | 3.46 % |
| David Booth | 12,063,968 | 77,335 | 99.36 % | 0.64 % |
| Andrew Kirkwood | 11,825,996 | 315,307 | 97.40 % | 2.60 % |
| Vernon Lobo | 8,684,187 | 3,457,116 | 71.53 % | 28.47 % |
| Kathleen Miller | 12,123,859 | 17,444 | 99.86 % | 0.14 % |
| Steve Sasser | 11,213,663 | 927,640 | 92.36 % | 7.64 % |
| Sripriya Thinagar | 12,136,847 | 4,456 | 99.96 % | 0.04 % |
| Stephany Verstraete | 12,136,962 | 4,341 | 99.96 % | 0.04 % |
Additionally, the Shareholders voted to:
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Re-appoint KPMG LLP as auditors of the Corporation;
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Adopt a resolution approving unallocated options to purchase common shares to a maximum (when taken together with then issued and outstanding options) of no greater than 10% of the then issued and outstanding common shares of the Corporation under the Corporation's stock option plan; and
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Approve and ratify By-Law No.2 related to advance notice of director nominations for the Corporation.