Holders of both Multiple Voting Shares and Subordinate Voting Shares (together, the "Shareholders") were entitled to vote at the Continuance Meeting, with holders of Multiple Voting Shares entitled to ten votes per share and holders of Subordinate Voting Shares entitled to one vote per share. Shareholders approved the continuance of BBTV (the "Continuance") from the jurisdiction of
Resolution | Votes For | Votes Against | ||
# | % | # | % | |
Continuance (special) | 68,392,576 | 99.68 | 221,356 | 0.32 |
By-law No.1 | 68,323,927 | 99.66 | 232,505 | 0.34 |
Following the Continuance Meeting, the Company continued from the BCBCA to the CBCA.
At the Arrangement Meeting, and as a CBCA company, holders of debentures of the Company, holders of incentive securities of the Company and Shareholders (collectively, the "Securityholders"), approved a statutory plan of arrangement (the "Arrangement") under Section 192 of the CBCA involving
Resolution | Votes For | Votes Against | ||
# | % | # | % | |
All Shares and Incentive Securities (special) | 71,206,880 | 97.64 | 1,718,715 | 2.36 |
Minority Shareholders Only | 4,093,073 | 70.43 | 1,718,715 | 29.57 |
All Debentures Resolution (extraordinary) | 27,592,000 | 92.30 | 2,301,000 | 7.70 |
Minority Debentureholders Only | 27,542,000 | 92.29 | 2,301,000 | 7.71 |
Additional details on the voting results for matters considered at the Continuance Meeting and Arrangement Meeting are reported in the Report of Voting Results as filed on SEDAR+ (www.sedarplus.ca) filed on
[1] Calculations and classifications made by
Links to SEDAR filings, conference call recordings and press releases are available on the investor website at: https://investors.bbtv.com/
For further information please contact:
Media Relations: pr@bbtv.com
Investor Relations: ir@bbtv.com
BBTV-C
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