DATA Group Ltd. Report of Voting Results

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS HELD ON JUNE 30, 2016

BRAMPTON, ON, June 30, 2016 /CNW/ - DATA Group Ltd. ("DATA" or the "Corporation") (TSX: DGI) today announced that the annual and special meeting (the "Meeting") of the shareholders of the Corporation was held on June 30, 2016 in Toronto, Ontario.  45 shareholders holding a total of 584,962,306 common shares of the Corporation ("Common Shares") were represented at the Meeting in person or by proxy, representing approximately 50.14% of the total votes attached to all issued and outstanding Common Shares as of May 31, 2016, the record date for the Meeting.

Appointment of Auditors

The resolution to appoint PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Corporation, to hold office until the next annual meeting of shareholders of the Corporation or until their successors are appointed and to authorize the directors to fix the auditors' remuneration, was adopted on a vote by show of hands by a majority of the votes cast by the shareholders present in person or represented by proxy at the Meeting.  The votes cast by shareholders present in person or represented by proxy at the meeting for the appointment of the auditors were as follows:



Votes For

Votes Withheld


#

%

#

%

Appointment of Auditors


414,695,088

98.02

8,359,100

1.98

 

Election of Directors

All six directors proposed for election at the Meeting were elected on a vote by ballot.

The votes cast by shareholders present in person or represented by proxy at the Meeting for the election of directors were as follows:



Votes For

Votes Withheld


#

%

#

%

William Albino


515,170,767

95.84

22,357,812

4.16

Gregory J. Cochrane


525,533,602

97.77

11,994,977

2.23

Michael G. Sifton


514,758,561

95.76

22,770,018

4.24

J.R. Kingsley Ward


530,468,602

98.69

7,059,977

1.31

Derek J. Watchorn


515,035,794

95.82

22,492,785

4.18

Jim Murray


514,936,549

95.80

22,592,030

4.20

 

Name Change

On a vote by ballot, the special resolution to approve an amendment to the articles of the Corporation (the "Articles") to change the name of the Corporation to "DATA Communications Management Corp." or such other name as is determined by the Board of Directors of the Corporation (the "Board") in its sole discretion, subject to regulatory approval (the "Name Change Resolution"), was passed by a majority of at least two-thirds of the votes cast by shareholders present in person or represented by proxy at the Meeting.  The votes cast by shareholders present in person or represented by proxy at the Meeting for the Name Change Resolution were as follows:



Votes For

Votes Withheld


#

%

#

%

Name Change Resolution


582,757,295

99.62

2,205,011

0.38

 

Share Consolidation

On a vote by ballot, the special resolution approving an amendment to the Articles to effect a consolidation of the issued and outstanding Common Shares on the basis of a ratio of one post-consolidation Common Share for each 100 outstanding pre-consolidation Common Shares, such consolidation to take effect at a time determined by the Board in its sole discretion (the "Share Consolidation Resolution") was passed by a majority of at least two-thirds of the votes cast by shareholders present in person or represented by proxy at the Meeting.  The votes cast by shareholders present in person or represented by proxy at the Meeting for the Share Consolidation Resolution were as follows:



Votes For

Votes Withheld


#

%

#

%

Share Consolidation Resolution


579,459,982

99.06

5,502,324

0.94

 

KST Private Placement

On a vote by ballot, the resolution approving an investment in the Corporation by way of a non-brokered private placement of 30,895,781 Common Shares to KST Industries Inc. ("KST") at a price of $0.014 per share (the "KST Private Placement Resolution") was passed by a majority of the votes cast by shareholders present in person or represented by proxy at the Meeting (excluding the votes attaching to Common Shares beneficially owned or controlled by Michael G. Sifton or KST).  The votes cast by shareholders present in person or represented by proxy at the Meeting for the KST Private Placement Resolution (excluding the votes attaching to the Common Shares beneficially owned or controlled by Michael G. Sifton or KST) were as follows:



Votes For

Votes Withheld


#

%

#

%

KST Private Placement Resolution


140,818,511

50.67

137,109,148

49.33

 

About DATA Group Ltd.

At DATA, we are experts at planning and driving business communications. We help marketers and agencies unify and execute communications campaigns across multiple channels, and we help operations teams streamline and automate document and communications management processes.  Our core capabilities include direct marketing, print services, labels and asset tracking, event tickets and gift cards, logistics and fulfilment, content and workflow management, data management and analytics, and regulatory communications.  We serve clients in key vertical markets such as financial services, healthcare, lottery and gaming, retail, not-for-profit, and energy.  We are strategically located across Canada to support clients on a national basis, and serve the U.S. market through our facilities in Chicago, Illinois.

Additional information relating to DATA Group Ltd. is available on www.datacm.com, and in the disclosure documents filed by DATA Group Ltd. on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

SOURCE DATA Group Ltd.

For further information: Mr. James E. Lorimer, Chief Financial Officer, DATA Group Ltd., Tel: (905) 791-3151


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