TORONTO, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) announced voting results from its 2019 annual meeting of shareholders held on January 29, 2020. A total of 26,864,370 Common Shares or 66.84% of our issued and outstanding Common Shares, were voted in connection with the meeting. Shareholders voted by a show of hands in favour of each item of business. Based on proxies received prior to the meeting, each director nominee was elected by a substantial majority as follows:
Votes For
Votes Withheld/Against
Edward H. Kernaghan
98.8%
1.2%
Darren M. Kirk
99.3%
0.7%
Robert B. Magee
95.3%
4.7%
Colleen M. McMorrow
99.6%
0.4%
Paul E. Riganelli
94.0%
6.0%
Brian A. Robbins
93.7%
6.3%
Anne Marie Turnbull
95.4%
4.6%
Full results of the votes are included as Appendix A to this press release.
Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries. Through our 15 strategic locations in 7 countries, we employ approximately 5,400 people and service a diverse and broad customer base.
Source:
Exco Technologies Limited (TSX-XTC)
Contact:
Darren Kirk, President & Chief Executive Officer
Telephone:
(905) 477-3065 ext. 7233
Website:
http://www.excocorp.com
Appendix A
VOTING RESULTS - 2019 ANNUAL MEETING OF SHAREHOLDERS
Resolution
Votes For
Votes Withheld/Against
#
%
#
%
Elect Edward H. Kernaghan as Director
26,314,616
98.8%
307,879
1.2%
Elect Darren M. Kirk as Director
26,449,064
99.3%
173,431
0.7%
Elect Robert B. Magee as Director
25,376,119
95.3%
1,246,376
4.7%
Elect Colleen M. McMorrow as Director
26,528,830
99.6%
93,665
0.4%
Elect Paul E. Riganelli as Director
25,023,963
94.0%
1,598,532
6.0%
Elect Brian A. Robbins as Director
24,946,619
93.7%
1,675,876
6.3%
Elect Anne Marie Turnbull as Director
25,391,690
95.4%
1,230,805
4.6%
Appointment of Ernst & Young, LLP as Auditors
25,599,775
95.3%
1,263,521
4.7%
Notes:
(1) Based on proxies submitted
(2) 240,801 shares were not voted
(3) 26,864,370 shares (66.84%) were voted by proxy. 1,074 shares were voted in person at the meeting.
Exco Technologies Limited is a Canada-based global supplier of technologies servicing the die-cast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs, develops and manufactures tooling and related products for the aluminum die-cast and extrusion industries. Its operations are substantially for automotive and other industrial markets in North America and Europe. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage and restraint for sale to automotive manufacturers and Tier 1 suppliers (suppliers to automakers). The Company operates in approximately 20 strategic locations around nine countries and serves various customer base.