ISC announces results of Annual and Special Meeting of Shareholders

REGINA, May 13, 2014 /CNW/ - Information Services Corporation (TSX:ISV) ("ISC" or "the Company") today announced the voting results from its Annual and Special Meeting of Shareholders ("the Meeting") held on Tuesday, May 13, 2014 in Regina, Saskatchewan.

A total of 12,711,192 shares were represented at the Meeting, being 72.63 per cent of the Company's issued and outstanding Class A Limited Voting shares.  Shareholders voted in favour of all matters brought before the Meeting, including the appointment of Deloitte LLP as auditors for the ensuing year, the acceptance of the Company's stock option plan and the election of its Board of Directors.

Director Voting

The following three members of the Board were appointed by the Lieutenant Governor In Council of the Province of Saskatchewan in lieu of Crown Investments Corporation of Saskatchewan (CIC) voting its shares on any resolution to elect directors, as provided for in The Information Services Corporation Act: Joel Teal, Thomas Christiansen and Douglas Emsley.

Detailed results of the ballot vote for the election of the remaining six directors are provided in the table below:

Nominee Votes For % Votes For Votes
Withheld
% Votes
Withheld
Jess Huan Chua 7,258,338 99.82% 14,354 0.20%
Anthony Robert Guglielmin 7,261,133 99.86% 10,259 0.14%
William (Scott) Musgrave 7,261,705 99.87% 10,987 0.13%
Michelle Ouellette, Q.C. 7,261,938 99.87% 10,754 0.13%
Bradley S. Sylvester 7,266,434 99.93% 6,258 0.09%
Dion E. Tchorzewski 7,257,509 99.81% 15,183 0.20%

Stock Option Plan

Detailed results of the ballot vote for the acceptance of the Company's stock option plan are provided in the table below:

Resolution Votes for % Votes For Votes
Against
% Votes
Against
Approval of the Company's stock
option plan.
10,471,104 82.46% 2,227,588 17.54%

The Company has filed a report of the results of resolutions voted on at the Meeting on www.sedar.com

About ISC

ISC is a provider of registry and information services to the Province of Saskatchewan. The Company is the exclusive provider of the Land Titles Registry, Land Surveys Directory, Personal Property Registry and Corporate Registry in Saskatchewan, which are key supporters of economic activity in the province. 

SOURCE Information Services Corporation

For further information:


MEDIA CONTACT:
Colleen Hawkesford
1-306-787-3097
colleen.hawkesford@isc.ca

INVESTOR CONTACT:
Jonathan Hackshaw
Toll Free:  1-855-341-8363 in North America or 1-306-798-1137
investor.relations@isc.ca