News

06May, 15

IRD Reports on Voting Results From 2015 Annual And Special Meeting Of Shareholders

Saskatoon, SK  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%

 

2. Appointment of Auditors. KPMG LLP, Chartered Accountants, was appointed to serve as the auditors of the Corporation for the ensuing year.

3. Shareholder Rights Plan. The shareholders approved the Corporation's new Shareholder Rights Plan.

4. 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 Canada 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.

- 30 - 

Request Info

Request Info