CALGARY, May 16, 2019 /CNW/ - Tidewater Midstream and
Infrastructure Ltd. ("Tidewater" or the "Corporation") (TSX: TWM)
announces the voting results from its annual general and special
meeting of shareholders held May 14,
2019 in Calgary, Alberta
(the "Meeting"). Each matter voted upon at the Meeting is
discussed in detail in the Corporation's Management Information
Circular dated March 28, 2019 which
is available on SEDAR at www.sedar.com.
|
|
|
|
Matters Voted
Upon
|
Outcome of
Vote
|
Votes
For
|
Votes Against
or
Withheld, as
applicable
|
1.
|
To fix the number of
directors
for the ensuing year at five.
|
Approved
|
99.98%
(233,139,475)
|
0.02%
(40,200)
|
2.
|
To elect directors
for the ensuing
year as described in the Information Circular:
|
|
|
|
|
(a)
|
Joel A.
MacLeod
|
Approved
|
99.95%
|
0.05%
|
|
|
|
(233,060,261)
|
(119,414)
|
|
(b)
|
Doug
Fraser
|
Approved
|
99.97%
|
0.04%
|
|
|
|
(233,097,435)
|
(82,240)
|
|
(c)
|
Stephen J.
Holyoake
|
Approved
|
99.86%
|
0.14%
|
|
|
|
(232,856,535)
|
(323,140)
|
|
(d)
|
Margaret A. (Greta)
Raymond
|
Approved
|
98.17%
|
1.83%
|
|
|
|
(228,906,789)
|
(4,272,886)
|
|
(e)
|
Robert
Colcleugh
|
Approved
|
98.29%
|
1.71%
|
|
|
|
(229,188,289)
|
(3,991,386)
|
3.
|
To appoint Deloitte
LLP as
auditors for the ensuing year
and to authorize the directors
to fix remuneration to be paid
to the auditors.
|
Approved
|
99.99%
(240,714,267)
|
0.02%
(58,188)
|
4.
|
To consider, and if
thought fit,
approve, adopt and ratify, with
or without modification, the
ordinary resolution, as more
particularly set forth in the
Information Circular, relating
to approval of the
restricted share
unit plan of the Corporation and the
unallocated restricted share
units thereunder.
|
Approved
(conducted
by ballot)
|
86.56%
(202,353,001)
|
13.44%
(31,422,889)
|
5.
|
To consider, and if
thought fit,
approve, adopt and ratify, with
or without modification, the
ordinary resolution, as more
particularly set forth in the
Information Circular, relating
to approval of the Amended
and Restated By-Law No. 1 of
the Corporation.
|
Approved
|
99.79%
(232,700,202)
|
0.21%
(479,473)
|
The Corporation's Business
Tidewater is traded on the TSX under the symbol "TWM".
Tidewater's business objective is to build a diversified midstream
and infrastructure company in the North American natural gas,
natural gas liquids ("NGL") and crude oil space. Its
strategy is to profitably grow and create shareholder value through
the acquisition and development of oil and gas infrastructure.
Tidewater plans to achieve its business objective by providing
customers with a full service, vertically integrated value chain
through the acquisition and development of oil and gas
infrastructure including gas plants, pipelines, railcars, trucks,
export terminals and storage facilities.
Additional information relating to Tidewater is available on
SEDAR at www.sedar.com and at www.tidewatermidstream.com.
SOURCE Tidewater Midstream and Infrastructure Ltd.