Baylin Technologies Inc. - Report of Voting Results

TORONTO, May 9, 2017 /CNW/ - In compliance with Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, set forth below is a brief description of the matters voted upon at the annual general and special meeting of shareholders of Baylin Technologies Inc. (the "Company") held on May 9, 2017 (the "Meeting") and the outcome of the vote on each matter. None of the matters voted on at the Meeting were conducted by ballot.

Matter 1: Election of Directors
On a vote by way of a show of hands, each of the seven nominees proposed by management was elected to serve as a director of the Company to hold office for the ensuing year or until their successors are elected or appointed. The numbers in respect of the vote are based on the proxies received.




Votes

Nominee

Votes For

% For

Withheld

%Withheld 

Jeffrey C. Royer      

13,804,451

99.99%

2,000

0.01%

Randy L. Dewey     

13,804,451

99.99%

2,000

0.01%

Stockwell Day        

13,804,451

99.99%

2,000

0.01%

Douglas A. Jones    

13,804,451

99.99%

2,000

0.01%

Barry J. Reiter        

13,804,451

99.99%

2,000

0.01%

Donald E. Simmonds

13,804,451

99.99%

2,000

0.01%

Harold M. Wolkin  

13,804,451

99.99%

2,000

0.01%

 

Matter 2: Re-Appointment of Auditors
On a vote by way of a show of hands, PriceWaterhouseCoopers LLP, were appointed as auditors of the Company to hold office until the close of the next annual meeting of shareholders or until their successors are appointed, at a remuneration to be fixed by the directors of the Company. The numbers in respect of the vote are based on the proxies received.



Votes


Votes For

% For     

Withheld

%Withheld

13,806,951

99.9%

2,000

0.01%

 

Matter 3: Stock Option Plan
On a vote by way of a show of hands, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's stock option plan. The numbers in respect of the vote are based on the proxies received.



Votes


Votes For

% For

Against

%Against

2,417,060

78.34%

668,100

21.66%

 

Matter 4: Deferred Shares Unit Plan
On a vote by way of a show of hands, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's deferred shares unit plan. The numbers in respect of the vote are based on the proxies received.



Votes


Votes For

% For

Against

%Against

3,082,760

99.92%

2,400

0.08%

 

Matter 5: Employee Share Compensation Plan
On a vote by way of a show of hands, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's employee share compensation plan. The numbers in respect of the vote are based on the proxies received.



Votes


Votes For

% For

Against

%Against

2,417,060

78.34%

668,100

21.66%

 

Matter 6: Employee Purchase Plan
On a vote by way of a show of hands, an ordinary resolution by shareholders, excluding those votes held by insiders, was passed to ratify, confirm and approve certain amendments to, and all unallocated options under, the Company's employee purchase plan. The numbers in respect of the vote are based on the proxies received.



Votes


Votes For

% For

Against

%Against

2,419,460

78.42%

665,700

21.58%

 

Yours very truly,
BAYLIN TECHNOLOGIES INC.
"Jeffrey C. Royer"
Jeffrey C. Royer
Chairman of the Board of Directors

%SEDAR: 00035077E

SOURCE Baylin Technologies Inc.

For further information: Investor Relations: Kelly Myles, Marketing and Communications Manager, Baylin Technologies Inc., kelly.myles@baylintech.com


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