DIRTT Announces Results of Special Meeting of Shareholders
Rhea-AI Summary
DIRTT Environmental Solutions (TSX: DRT, OTC: DRTTF) held a special meeting of shareholders on September 20, 2024. The primary agenda was to vote on the ratification, confirmation, and approval of the Amended and Restated Shareholder Rights Plan Agreement dated August 2, 2024. This agreement is between DIRTT and Computershare Trust Company of Canada, acting as the Rights Agent.
The voting results were as follows:
- Votes in favor: 148,572,128 (92.27%)
- Votes against: 12,452,171 (7.73%)
The Rights Plan was successfully approved by shareholders, including approval from disinterested shareholders in accordance with Toronto Stock Exchange rules.
Positive
- High shareholder approval rate of 92.27% for the Rights Plan
- Successful ratification of the Amended and Restated Shareholder Rights Plan Agreement
Negative
- None.
CALGARY, Alberta, Sept. 20, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”) (TSX: DRT) (OTC: DRTTF) announced today the results of its special meeting of shareholders held on September 20, 2024 (the “Shareholders Meeting”).
At the Shareholders Meeting, shareholders of DIRTT voted in favour of ratifying, confirming and approving the Amended and Restated Shareholder Rights Plan Agreement dated as of August 2, 2024, between DIRTT and Computershare Trust Company of Canada, as Rights Agent (the “Rights Plan”).
The detailed results of the vote on the Rights Plan are as follows:
RATIFICATION, CONFIRMATION AND APPROVAL OF THE RIGHTS PLAN
| VOTES FOR | % FOR | VOTES AGAINST | % AGAINST |
| 148,572,128 | 92.27 | 12,452,171 | 7.73 |
The Rights Plan was also approved by disinterested shareholders (in accordance with the rules of the Toronto Stock Exchange).
About DIRTT
DIRTT is a leader in industrialized construction. DIRTT’s system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable, interior environments. Operating in the workplace, healthcare, education, and public sector markets, DIRTT’s system provides total design freedom, and greater certainty in cost, schedule and outcomes. DIRTT’s interior construction solutions are designed to be highly flexible and adaptable, enabling organizations to easily reconfigure their spaces as their needs evolve.
Headquartered in Calgary, AB Canada, DIRTT trades on the Toronto Stock Exchange under the symbol “DRT”.
FOR FURTHER INFORMATION, PLEASE CONTACT
DIRTT Investor Relations at ir@dirtt.com
FAQ
What was the outcome of DIRTT's (DRTTF) special meeting of shareholders on September 20, 2024?
What percentage of DIRTT (DRTTF) shareholders voted for the Rights Plan on September 20, 2024?
When was the Amended and Restated Shareholder Rights Plan Agreement for DIRTT (DRTTF) dated?
Who is the Rights Agent in DIRTT's (DRTTF) Shareholder Rights Plan Agreement?
