TORONTO, Aug. 18, 2020 /CNW/ - Optiva Inc.
("Optiva" or the "Company") (TSX: OPT), an innovative
software provider of mission-critical, cloud-native, monetization
solutions to leading communication service providers (CSPs)
globally, today announced that the size of the Company's board of
directors (the "Board") has been fixed at eight and that
Robert Stabile, Andrew Day, Lee
Matheson, Paul Yancich,
Dan Goldsmith, Ryan Morris, Anuroop
Duggal and Demetrios
Anaipakos were elected to the Board at the Company's annual
and special meeting of holders of subordinate voting shares held
earlier today (the "Meeting"). In addition, resolutions were
carried to appoint KPMG LLP as the auditor of the Company and to
authorize the Board to fix the auditor's remuneration, to approve
and confirm the adoption of the Company's By-law No. 2, to ratify
the adoption of the Company's shareholder rights plan and to
approve the unallocated options available under the Company's stock
option plan.
Detailed results of the votes are as follows:
1. Fixing the Size of the
Board to Eight Directors
|
Number of Shares
For
|
|
Number of Shares
Against
|
|
3,173,503
|
62.86%
|
|
1,874,834
|
37.14%
|
2. Election of
Directors
|
Number of Shares
For
|
|
Number of Shares
Withheld
|
|
Robert
Stabile
|
3,092,728
|
86.59%
|
|
478,758
|
13.41%
|
|
Andrew Day
|
3,264,370
|
91.40%
|
|
307,116
|
8.60%
|
|
Lee
Matheson
|
3,264,370
|
91.40%
|
|
307,116
|
8.60%
|
|
Paul
Yancich
|
3,264,370
|
91.40%
|
|
307,116
|
8.60%
|
|
Dan
Goldsmith
|
3,154,372
|
88.32%
|
|
417,114
|
11.68%
|
|
Ryan
Morris
|
3,154,372
|
88.32%
|
|
417,114
|
11.68%
|
|
Anuroop
Duggal
|
3,264,370
|
91.40%
|
|
307,116
|
8.60%
|
|
Demetrios
Anaipakos
|
2,968,047
|
83.10%
|
|
603,439
|
16.90%
|
3. Appointment and
Remuneration of Auditor
|
Number of Shares
For
|
|
Number of Shares
Withheld
|
|
4,635,287
|
90.67%
|
|
476,746
|
9.33%
|
4. Confirmation of the
Adoption of By-Law No. 2
|
Number of Shares
For
|
|
Number of Shares
Against
|
|
3,219,786
|
63.78%
|
|
1,828,551
|
36.22%
|
5. Approval of the
Shareholder Rights Plan
Results of votes from disinterested shareholders:
|
Number of Shares
For
|
|
Number of Shares
Against
|
|
2,618,564
|
73.32%
|
|
952,922
|
26.68%
|
Results of all votes cast:
|
Number of Shares
For
|
|
Number of Shares
Against
|
|
2,618,564
|
51.87%
|
|
2,429,773
|
48.13%
|
6. Approval of
Unallocated Stock Options
|
Number of Shares
For
|
|
Number of Shares
Against
|
|
2,960,631
|
58.65%
|
|
2,087,706
|
41.35%
|
About Optiva Inc.
Optiva Inc. is the leader in providing communication service
providers (CSPs) worldwide with cloud-native revenue management
software on the public cloud. CSP operators and mobile virtual
network operators (MVNOs) can integrate our best-of-breed charging
engine into a BSS stack or deploy our fully managed, end-to-end,
SaaS-based suite. Optiva solutions offer unmatched speed, scale,
security and savings. Our market knowledge, analytical insights and
unique Customer Success Program ensure telecoms are equipped to
achieve their strategic business goals. Established in 1999, Optiva
Inc. is on the Toronto Stock Exchange (TSX: OPT). For more
information, visit www.optiva.com.
SOURCE Optiva Inc.