MRO Magazine

IRD Report on Voting Results From 2015 Annual and Special Meeting of Shareholders

By Marketwired News   

SASKATOON, SASKATCHEWAN–(Marketwired – May 6, 2015) – The following matters were voted upon at the Annual and Special Meeting of Shareholders (“Annual and Special Meeting”) for International Road Dynamics Inc. (the “Corporation”) (TSX:IRD) held on May 5, 2015 in Saskatoon, Saskatchewan. Each of the matters voted upon at the Annual and Special Meeting is discussed in detail in the Corporation’s management Proxy and Information Circular dated April 1, 2015.

The voting results for each matter presented at the annual meeting are provided below:

  1. Election of Directors. The seven director nominees proposed by management were elected as directors. The results are as follows:
Nominee Votes For   Percent   Votes Withheld   Percent  
Dr. A.T. Bergan 5,673,397   94.89 % 244,487   4.09 %
Terry Bergan 5,776,356   96.61 % 141,528   2.37 %
Sharon Parker 4,141,256   69.26 % 1,776,628   29.72 %
Ray Harris 5,785,219   96.76 % 132,665   2.22 %
Harvey Alton 5,789,474   96.83 % 128,410   2.15 %
Dr. C. Michael Walton 5,798,743   96.99 % 119,141   1.99 %
Ray Kolla 4,137,787   69.20 % 1,780,097   29.77 %
  1. Appointment of Auditors. KPMG LLP, Chartered Accountants, was appointed to serve as the auditors of the Corporation for the ensuing year.
  1. Shareholder Rights Plan. The shareholders approved the Corporation’s new Shareholder Rights Plan.
  1. Approval of Stock Option Plan. The shareholders did not approve the Corporation’s amended and restated Stock Option Plan.

IRD is a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems (ITS) industry. IRD is a North American company based in Saskatoon, Saskatchewan with sales and service offices throughout the United States and overseas. Private corporations, transportation agencies and highway authorities around the world use IRD’s products and advanced systems to manage and protect their highway infrastructures.

The Company’s shares trade on the Toronto Stock Exchange under the symbol IRD.

IRD is listed on the TSX – trading symbol – IRD

International Road Dynamics Inc.
Terry Bergan
President & CEO
(306) 653-6600

International Road Dynamics Inc.
Francine Senecal-Lepage
Investor Relations
(306) 653-1454
(306) 653-6603


Stories continue below

Print this page