DIRTT Announces Results of Annual Meeting of Shareholders
DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT) announced that all resolutions, including the election of eight directors, were approved during its annual shareholder meeting held on May 6, 2021.
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Rhea-AI Summary
DIRTT Environmental Solutions Ltd. (NASDAQ: DRTT) announced that all resolutions, including the election of eight directors, were approved during its annual shareholder meeting held on May 6, 2021. Notably, Michael T. Ford received 99.53% approval, while Steven E. Parry garnered only 78.80%, indicating some shareholder dissent. The detailed voting results will be made available on SEDAR and EDGAR. DIRTT leverages its proprietary ICE® technology for efficient interior space design and manufacturing, with operations across North America.
Positive
- All resolutions, including the election of directors, were approved.
- Strong support for most directors, with Michael T. Ford receiving 99.53% approval.
- DIRTT uses proprietary technology for efficient and sustainable manufacturing.
Negative
- Steven E. Parry received only 78.80% support, indicating potential concerns among shareholders.
Details
News Market Reaction – DRTT
The recorded move for DRTT in the trading session of this news was -3.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”) (NASDAQ: DRTT, TSX: DRT) is pleased to announce that all resolutions submitted to shareholders at its annual meeting of shareholders held on May 6, 2021, including the election of all eight nominees proposed as directors and listed in its Management Information Circular and Proxy Statement dated March 25, 2021, have passed.
The detailed results of the vote on the election of directors are as follows:
| Nominee | Votes For | Votes Withheld | |||
| Number | Percent | Number | Percent | ||
| Michael T. Ford | 54,516,657 | 99.53 | 35,685 | 0.07 | |
| Denise E. Karkkainen | 48,695,171 | 89.26 | 5,857,171 | 10.74 | |
| Shauna R. King | 53,546,720 | 98.16 | 1,005,622 | 1.84 | |
| Todd W. Lillibridge | 48,695,090 | 89.26 | 5,857,252 | 10.74 | |
| James A. (Jim) Lynch | 54,516,608 | 99.93 | 35,734 | 0.07 | |
| Kevin P. O'Meara | 53,440,218 | 97.96 | 1,112,124 | 2.04 | |
| Steven E. Parry | 42,984,752 | 78.80 | 11,567,590 | 21.20 | |
| Diana R. Rhoten | 54,521,547 | 99.94 | 30,795 | 0.06 | |
Final voting results on all matters voted on at the annual meeting of shareholders will be filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov).
About DIRTT
DIRTT is a building process powered by technology. The Company uses its proprietary ICE® software to design, manufacture and install fully customized interior environments. The technology drives DIRTT’s advanced manufacturing and provides certainty on cost, schedule and the final result. Complete interior spaces are constructed faster, cleaner and more sustainably. DIRTT has manufacturing facilities in Phoenix, Savannah, Rock Hill and Calgary. DIRTT works with distribution partners throughout North America. DIRTT trades on Nasdaq under the symbol “DRTT” and on the Toronto Stock Exchange under the symbol “DRT.” For more information, visit dirtt.com/investors.
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