VICTORIA,
Dec. 16, 2019 /CNW/ - Vecima Networks
Inc. (TSX: VCM), an experienced designer and
manufacturer of innovative technology in the broadband equipment
market, today announced the voting results of the
corporation's annual general meeting of shareholders held on
December 16, 2019. All the
shareholders' resolutions were approved.
Election of Directors
The number of
directors was set at six and the six nominees of management were
elected as directors at the meeting. The election of directors was
conducted by show of hands. In accordance with the requirements of
the Toronto Stock Exchange, the following table reflects the votes
represented by proxy that would have been withheld from each
director nominee had a ballot been called, as a percentage of votes
represented at the meeting:
|
Nominee
|
Votes Represented
at the Meeting
|
Votes Withheld by
Proxy
|
% Withheld
by Proxy
|
|
Surinder
Kumar
|
16,834,672
|
218,599
|
1.28
|
|
T. Kent
Elliott
|
17,029,390
|
23,881
|
0.14
|
|
Sumit
Kumar
|
16,811,272
|
241,999
|
1.42
|
|
Danial
Faizullabhoy
|
17,029,374
|
23,897
|
0.14
|
|
Ben
Colabrese
|
17,029,382
|
23,889
|
0.14
|
|
Derek
Elder
|
16,734,880
|
318,391
|
1.87
|
Appointment of Auditors
At the
meeting, Grant Thornton LLP was appointed as auditors of the
Company for the ensuing year and the directors were authorized to
fix their remuneration.
About Vecima Networks
Vecima
Networks Inc. is a global leader focused on developing integrated
hardware and scalable software solutions for broadband access,
content delivery, and telematics. We enable the world's leading
innovators to advance, connect, entertain, and analyze. We build
technologies that transform content delivery and storage, enable
high-capacity broadband network access, and streamline data
analytics. For more information, please visit our website at
www.vecima.com.
SOURCE Vecima Networks Inc.