KELOWNA,
BC, June 26, 2024 /CNW/ - Decisive Dividend
Corporation (TSXV: DE) ("Decisive" or the
"Corporation") announced today the voting results on the
election of directors from its annual general and special meeting
of shareholders held on June 25, 2024
(the "2024 AGM").
A total of 9,173,584 common shares representing 47.3% of the
Corporation's issued and outstanding shares were represented in
person or by proxy at the 2024 AGM. Shareholders approved all items
of business before the 2024 AGM, including the election of
directors as follows:
|
Nominee
|
# Votes For
|
% For
|
|
James
Paterson
|
9,080,462
|
99.7 %
|
|
Terry
Edwards
|
9,067,438
|
99.6 %
|
|
Michael
Conway
|
9,071,771
|
99.6 %
|
|
Timothy
Pirie
|
9,066,701
|
99.6 %
|
|
Bruce
Campbell
|
9,096,676
|
99.9 %
|
|
Warren
Matheos
|
9,065,521
|
99.6 %
|
|
Robert Louie
|
9,085,631
|
99.8 %
|
|
Peter
Jeffrey
|
9,068,725
|
99.6 %
|
|
Jeff
Schellenberg
|
9,078,938
|
99.7 %
|
In terms of the other results of the 2024 AGM, shareholders
approved:
|
(i)
|
the fixing of the
number of directors of the Corporation at nine;
|
|
|
|
(ii)
|
the re-appointment of
the auditors of the Corporation for the ensuing year;
|
|
|
|
(iii)
|
the approval of the
third amended and restated equity incentive plan dated June 25,
2024, pursuant to which the Corporation may issue deferred share
units, performance share units, restricted share units and stock
options equal to, in aggregate, up to 10% of the issued and
outstanding shares from time to time (less the number of
compensation shares issuable under the employee share purchase
plan); and
|
|
|
|
(iv)
|
the sixth amended and
restated employee share purchase plan dated June 25, 2024, which:
(i) authorizes the Corporation to issue a maximum of 140,000 shares
on the purchase date in 2024, (plus an aggregate maximum of 80,000
shares issuable as additional shares and phantom dividend shares)
thereon; and (ii) continues to authorize the issuance of a maximum
of 80,000 additional or phantom shares in respect of the shares
issued on the purchase date in 2023.
|
About Decisive Dividend Corporation
Decisive Dividend Corporation is an acquisition-oriented
company, focused on opportunities in manufacturing. The
Corporation's purpose is to be the sought-out choice for exiting
legacy-minded business owners, while supporting the long-term
success of the businesses acquired, and through that, creating
sustainable and growing shareholder returns. The Corporation uses a
disciplined acquisition strategy to identify already profitable,
well-established, high quality manufacturing companies that
have a sustainable competitive advantage, a focus on
non-discretionary products, steady cash flows, growth potential and
established, strong leadership.
For more information on Decisive, or to sign up for email
notifications of Corporation press releases, please visit
www.decisivedividend.com.
Cautionary Statements
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the contents of this News Release.
SOURCE Decisive Dividend Corporation
