FansUnite Announces Results of Annual General Meeting

Rhea-AI Summary

FansUnite Entertainment announced the results of its annual general meeting held on June 28, 2024. A total of 87,277,448 shares, representing 24.27% of the company's outstanding shares, were represented at the meeting.

The number of directors was set at four, with 82.172% voting in favor. Scott Burton, James Keane, Chris Grove, and Quinton Singleton were re-elected as directors, with Singleton receiving the highest support at 96.098%. KPMG LLP was re-appointed as the auditor with 98.244% approval.

Detailed voting results were filed under the company's SEDAR+ profile on July 2, 2024.

Positive

• Quinton Singleton received notably high support with 96.098% of votes.
• KPMG LLP was re-appointed as auditor with 98.244% approval.

Negative

• Only 24.27% of the total issued and outstanding shares were represented at the meeting.

Vancouver, British Columbia--(Newsfile Corp. - July 9, 2024) - FansUnite Entertainment Inc. (TSX: FANS) (OTCQB: FUNFF) ("FansUnite" or the "Company") is pleased to announce the voting results of its annual general meeting of shareholders (the "Meeting") held on June 28, 2024. The total number of shares represented in person or by proxy at the Meeting was 87,277,448, representing 24.27% of the total issued and outstanding shares in the capital of the Company.

1. Set Number of Directors

The number of directors of the Company was set at four (4) for the ensuing year. The voting in relation to the number of directors was conducted by way of ballot at the Meeting, with the following voting results:

Number of Directors	Votes FOR	Percentage of Votes FOR	Votes AGAINST	Percentage of Votes AGAINST
Set at four (4)	71,306,372	82.172%	15,471,076	17.828%

 

2. Election of Directors

All nominees listed in the Company's management information circular dated May 17, 2024, were duly elected as directors of the Company, to hold office until the next annual meeting of the shareholders, with the following voting results:

Director	Votes FOR	Percentage of Votes FOR	Votes WITHHELD	Percentage of Votes WITHHELD
Scott Burton	31,038,268	84.968%	5,491,252	15.032%
James Keane	31,660,374	86.671%	4,869,146	13.329%
Chris Grove	31,025,996	84.934%	5,503,524	15.066%
Quinton Singleton	35,104,099	96.098%	1,425,421	3.902%

 

3. Appointment of Auditors

KPMG LLP, Chartered Accountants, was re-appointed as auditor of the Company to hold office until the next annual general meeting of shareholders of the Company at a remuneration to be fixed by the directors, with the following voting results:

Auditor	Votes FOR	Percentage of Votes FOR	Votes WITHHELD	Percentage of Votes WITHHELD
KPMG LLP, Chartered Accountants	85,253,741	98.244%	1,523,707	1.756%

 

Detailed voting results for the Meeting were filed under the Company's SEDAR+ profile at www.sedarplus.com on July 2, 2024.

ABOUT FANSUNITE ENTERTAINMENT INC.

FansUnite is a global sports entertainment and gaming company. Our business is focused on the regulated and lawful sports betting affiliate market which includes customer acquisition, retention, support and reactivation. FansUnite has established itself as a leader in the North American affiliate market through its subsidiary American Affiliate. AmAff is a North American omni-channel customer acquisition company, covering both retail and digital customer activation for sportsbooks, casinos, poker and fantasy sports platforms.

The TSX has not reviewed and does not accept responsibility for the adequacy or ‎accuracy of the content of this news release.‎

For further information, please contact:

Investor Relations at FansUnite
ir@fansunite.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216025

FAQ

What were the results of FansUnite's annual general meeting held on June 28, 2024?

FansUnite's annual general meeting results included setting the number of directors at four, re-electing Scott Burton, James Keane, Chris Grove, and Quinton Singleton as directors, and re-appointing KPMG LLP as the auditor.

How many shares were represented at FansUnite's 2024 annual general meeting?

A total of 87,277,448 shares, representing 24.27% of the company's outstanding shares, were represented at the meeting.

What was the approval percentage for the number of directors at FansUnite's annual general meeting?

82.172% voted in favor of setting the number of directors at four.

Who received the highest percentage of votes for director at FansUnite's 2024 annual general meeting?

Quinton Singleton received the highest support with 96.098% of votes.

What were the voting results for the re-appointment of KPMG LLP as FansUnite's auditor?

KPMG LLP was re-appointed as auditor with 98.244% approval.

Where can I find the detailed voting results for FansUnite's 2024 annual general meeting?

Detailed voting results were filed under the company's SEDAR+ profile on July 2, 2024.