TORONTO, June 25, 2020 /CNW/ - Pivot Technology Solutions,
Inc. (TSX: PTG), ("Pivot", "Company"), a full-service
information technology provider, is pleased to announce the
Company's shareholders voted to approve all business brought before
the Company's annual and special meeting held on June 24, 2020.
Election of Directors
All of the nominees listed in
Pivot's Management Information Circular dated May 14, 2020 were elected as Directors of the
Corporation. The votes for and the votes withheld, as well as the
respective percentages, based on proxies submitted, are set out
below:
|
Total Votes
For
|
Percentage of
Votes In Favour
|
Total Votes
Withheld
|
Percentage of
Votes Withheld
|
|
|
|
|
|
Vic Bhagat
|
11,115,770
|
99.70
|
33,212
|
0.30
|
Wade K.
Dawe
|
8,823,292
|
79.14
|
2,325,690
|
20.86
|
Steve
DiGregorio
|
11,115,820
|
99.70
|
33,162
|
0.30
|
Christopher
Formant
|
11,121,332
|
99.75
|
27,650
|
0.25
|
Stephen T.
Moore
|
10,803,051
|
96.90
|
345,931
|
3.10
|
Kevin
Shank
|
11,118,132
|
99.72
|
30,850
|
0.28
|
M. Lazane
Smith
|
11,118,570
|
99.73
|
30,412
|
0.27
|
Appointment of Auditor
Ernst & Young LLP was
re-appointed as auditor of the Company with total votes cast in
favour of 11,846,796 (or 99.92% of all votes cast).
By-Law Amendments
The shareholders also approved the
amendments to the by-laws of the Company (the "By-Laws") to permit
shareholders to participate in a meeting of shareholders by
electronic means and other housekeeping amendments. On the
proposal to amend the By-Laws, votes cast in favour amounted to
11,123,295 (or 99.77% of all votes cast).
"As the world recovers from COVID 19 and begins to operate in
the new norm, Pivot continues to see solid business
opportunity. The primary effects of the virus continue to be
constraints on providing services that require on-site access to
perform and manufacturing supply delays that impact the timing of
product deliveries," said Kevin
Shank, CEO. "On behalf of the Board of Directors, I
would like to thank our fellow shareholders for their support as we
continue building our core products and services portfolio while
enhancing our services and solutions capabilities from the Edge to
the Cloud. In addition, I would also like to take this opportunity
to congratulate Steve DiGregorio on
his appointment to the Board. Steve brings a wealth of
experience and we believe his contributions will enhance our
efforts to create value for our shareholders, customers, and
business partners."
ABOUT PIVOT TECHNOLOGY SOLUTIONS
Pivot is an industry-leading information technology services and
solutions provider to many of the world's most successful
companies, including members of the Fortune 1000, as well as
governments and educational institutions. By leveraging its
extensive original equipment manufacturer (OEM) partnerships and
its own fulfillment, professional, deployment, workforce, and
managed services, Pivot supports the IT infrastructure needs of its
clients. For more information, visit www.pivotts.com.
SOURCE Pivot Technology Solutions, Inc