IntelGenx Announces Voting Results on Election of Directors
May 08 2024 - 7:45AM
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.
Forward-Looking Information and
Statements
This document may contain forward-looking
information about IntelGenx’s operating results and business
prospects that involve substantial risks and uncertainties.
Statements that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. These statements include, but are not
limited to, statements about IntelGenx's plans, objectives,
expectations, strategies, intentions or other characterizations of
future events or circumstances and are generally identified by the
words ”may,” “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates,” “could,” “would,” and similar
expressions. All forward looking statements are expressly qualified
in their entirety by this cautionary statement. Because these
forward-looking statements are subject to a number of risks and
uncertainties, IntelGenx’s actual results could differ materially
from those expressed or implied by these forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, those discussed under
the heading “Risk Factors” in IntelGenx’s annual report on Form
10-K, filed with the United States Securities and Exchange
Commission and available at www.sec.gov, and also filed with
Canadian securities regulatory authorities at www.sedarplus.com.
IntelGenx assumes no obligation to update any such forward-looking
statements.
Source: IntelGenx Technologies Corp.
For more information, please
contact:
Stephen KilmerInvestor Relations(514) 331-7440
ext 232stephen@intelgenx.com
Or
Ingrid ZerbeCorporate SecretaryIntelGenx
Technologies Corp.ingrid@intelgenx.com
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