Precision Drilling Corporation Announces Voting Results From the 2019 Annual and Special General Meeting of Shareholders
May 03 2019 - 4:24PM
Precision Drilling Corporation (“Precision”) held its 2019 Annual
and Special General Meeting of Shareholders in Calgary on May 3,
2019. A total of 198,726,879 shares (approximately 67.64% of
the outstanding common shares) were represented in person or by
proxy.
1. Shareholders approved the appointment of 9
board members (8 of whom are independent), with shares represented
at the meeting voting in favour of individual directors as
follows:
Nominee |
# Votes
For |
% Votes
For |
# Votes
Withheld |
% Votes
Withheld |
Michael
R. Culbert |
169,978,623 |
96.08 |
6,928,606 |
3.92 |
William
T. Donovan |
166,727,429 |
94.25 |
10,179,800 |
5.75 |
Brian J.
Gibson |
170,805,208 |
96.55 |
6,102,021 |
3.45 |
Allen R.
Hagerman |
168,836,841 |
95.44 |
8,070,388 |
4.56 |
Steven
W. Krablin |
151,189,099 |
85.46 |
25,718,130 |
14.54 |
Susan M.
MacKenzie |
170,700,482 |
96.49 |
6,206,747 |
3.51 |
Kevin O.
Meyers |
151,649,816 |
85.72 |
25,257,413 |
14.28 |
Kevin A.
Neveu |
174,948,175 |
98.89 |
1,959,054 |
1.11 |
David W.
Williams |
173,634,018 |
98.15 |
3,273,211 |
1.85 |
|
|
|
|
|
2. The appointment of KPMG LLP as Precision’s
auditors, with 95.45% of shares represented at the meeting voting
in favour of the appointment.
3. Management’s approach to executive
compensation (‘Say-on-Pay’) disclosed in Precision’s Management
Information Circular, with 89.62% of shares represented at the
meeting voting in favour of the advisory resolution.
4. Amendments to and the continuation of
Precision’s Shareholder Rights Plan, with 92.76% of shares
represented at the meeting voting in favour of the Shareholder
Rights Plan.
The full results on all matters voted upon at
the meeting will be filed on SEDAR (www.sedar.com) and EDGAR
(www.sec.gov).
About PrecisionPrecision is a leading provider
of safe and High Performance, High Value services to the oil and
gas industry. Precision provides customers with access to an
extensive fleet of Super Series drilling rigs supported by an
industry leading technology platform that offers the most
innovative drilling solutions to deliver efficient, predictable and
repeatable results through service differentiation. Precision also
offers directional drilling services, well service rigs, camps and
rental equipment all backed by a comprehensive mix of technical
support services and skilled, experienced personnel.
Precision is headquartered in Calgary, Alberta,
Canada. Precision is listed on the Toronto Stock Exchange
under the trading symbol “PD” and on the New York Stock Exchange
under the trading symbol “PDS”.
For further information, please contact:
Carey Ford, Senior Vice President & Chief
Financial Officer713.435.6136
Ashley Connolly, Manager, Investor
Relations403.716.4725
800, 525 - 8th Avenue S.W.Calgary, Alberta,
Canada T2P 1G1Website: www.precisiondrilling.com
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