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VersaBank — Declaration of Voting Results & Voting Rights Announcements 2021
Apr 22, 2021
47151_rns_2021-04-22_56e80e10-cb7c-4c78-a7b0-c0ebaf2e3bb3.pdf
Declaration of Voting Results & Voting Rights Announcements
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For Immediate Release: April 22, 2021 Attention: Business Editors
VERSABANK ANNOUNCES THE RESULTS OF ITS 2021 MEETING OF SHAREHOLDERS
LONDON/ON/CNW/ - VersaBank (TSX: VB) (“VersaBank” or the “Bank”) reports the results of its 2021 Annual and Special Meeting of Shareholders (the "Meeting") held in London, Ontario on April 21, 2021.
Each of the director nominees listed in VersaBank’s Management Information Circular dated March 4, 2021 were elected as directors of the Bank. The detailed results of the vote are as follows, with percentages rounded to two decimal places:
| Director | Number of Votes | Percentage of Votes | Percentage of Votes | |
|---|---|---|---|---|
| Cast | Cast | |||
| Robbert-Jan Brabander | In Favour: | 15,093,761 | 99.94 | % |
| Withheld: | 9,366 | 0.06 | % | |
| Gabrielle Bochynek | In Favour: | 15,071,612 | 99.79 | % |
| Withheld: | 31,515 | 0.21 | % | |
| David A. Bratton | In Favour: | 15,042,437 | 99.60 | % |
| Withheld: | 60,690 | 0.40 | % | |
| R.W. (Dick) Carter | In Favour: | 15,093,761 | 99.94 | % |
| Withheld: | 9,366 | 0.06 | % | |
| The Honourable Thomas A. Hockin | In Favour: | 15,092,981 | 99.93 | % |
| Withheld: | 10,146 | 0.07 | % | |
| Peter Irwin | In Favour: | 15,093,761 | 99.94 | % |
| Withheld: | 9,366 | 0.06 | % | |
| Art Linton | In Favour: | 15,093,736 | 99.94 | % |
| Withheld: | 9,391 | 0.06 | % | |
| Susan T. McGovern | In Favour: | 15,071,795 | 99.79 | % |
| Withheld: | 31,332 | 0.21 | % | |
| Paul G. Oliver | In Favour: | 15,093,741 | 99.94 | % |
| Withheld: | 9,386 | 0.06 | % | |
| David R. Taylor | In Favour: | 15,093,660 | 99.94 | % |
| Withheld: | 9,467 | 0.06 | % |
At the meeting, the Shareholders also approved the re-appointment of KPMG LLP as auditors of the Bank and approved the Long Term Incentive Plan.
VersaBank’s Voting Results with respect to all matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.
ABOUT VERSABANK
VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world’s first fully digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the-art financial technology to profitably address underserved segments of the Canadian banking market in the pursuit of superior net interest margins while mitigating risk. VersaBank obtains all of its deposits and provides the majority of its loans and leases electronically, with innovative deposit and lending solutions for financial intermediaries that allow them to excel in their core businesses. In addition, leveraging its internally developed IT security software and capabilities, VersaBank established wholly owned, Washington, DC-based subsidiary, DRT Cyber Inc. to pursue significant large-market opportunities in cyber security and develop innovative solutions to address the rapidly growing volume of cyber threats challenging financial institutions, multi-national corporations and government entities on a daily basis.
VersaBank’s Common Shares trade on the Toronto Stock Exchange under the symbol VB and its Series 1 Preferred Shares and Series 3 Preferred Shares trade under the symbols VB.PR.A and VB.PR.B respectively.
FOR FURTHER INFORMATION, PLEASE CONTACT:
VersaBank LodeRock Advisors Wade MacBain Lawrence Chamberlain (800) 244-1509 (416) 519-4196 [email protected] [email protected]
Visit our website at: www.versabank.com
Follow VersaBank on Facebook, Instagram, LinkedIn and Twitter.