Wanted Shareholders Approve Acquisition by CEB

QUEBEC CITY, Oct. 29, 2015 /CNW Telbec/ - Wanted Technologies Corporation (TSXV: WAN), a leading provider of real-time market intelligence and analytics for staffing and talent sourcing professionals, announces that at a special meeting held today (the "Meeting"), its shareholders voted overwhelmingly in favour of the plan of arrangement (the "Arrangement") announced on September 11, 2015 under which Wanted Technologies' outstanding equity would be acquired by CEB Inc., through its subsidiary CEB Canada Inc. Approximately 91% of the votes cast at the meeting were in favour of the resolution approving the Arrangement. The same percentage voted in favour of an ancilliary resolution to reduce the stated capital of Wanted Technologies' common shares.

Wanted Technologies is seeking a final order of the Superior Court of Quebec approving the Arrangement, which is expected to be granted on November 3, 2015. Once the final order has been issued, the Arrangement is expected to be completed on or about November 4, 2015.

For more information with respect to the Arrangement, see the joint press release issued by Wanted Technologies and CEB on September 11, 2015.

About Wanted Technologies

WANTED Technologies was founded in 1999. The company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. The company began collecting detailed Hiring Demand data in October 2002, and currently maintains a database of more than 1.2 billion unique job listings covering 22 markets worldwide.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

SOURCE WANTED Technologies Corp.

For further information: Martin Auclair, martin.auclair@wantedanalytics.com, 418.523.6663 x337

RELATED LINKS
http://www.wantedtech.com

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