Redknee Releases Results of Annual General Meeting

TORONTO, March 9, 2016 /CNW/ – Today, Redknee Solutions Inc. (TSX: RKN) announced that the nominees listed in its Management Information Circular dated February 3, 2016 were elected by a show of hands as directors of Redknee. In addition, a resolution to approve the continuation, amendment and restatement of Redknee’s Shareholder Rights Plan was passed by Redknee shareholders on a vote by ballot. Detailed results of the vote for the election of directors and the resolution to continue, amend and restate the Shareholder Rights Plan, held on Wednesday, March 9, 2016 at Redknee’s annual meeting of shareholders (the “Meeting”) are as follows:

1.  Election of Directors:

Number of Shares For

Number of Shares Withheld

Stephen Davies

62,145,411

(90.50%)

6,523,194

(9.50%)

Dahra Granovsky

65,627,682

(95.57%)

3,040,923

(4.43%)

Greg Jacobsen

58,763,046

(85.57%)

9,905,559

(14.43%)

Alan Michels

61,414,113

(89.44%)

7,254,492

(10.56%)

Lucas Skoczkowski

65,626,706

(95.57%)

3,041,899

(4.43%)

Kent Thexton

64,540,384

(93.99%)

4,128,221

(6.01%)

 

2. Shareholder Rights Plan

The report provided by the scrutineers at the Meeting in respect of the common shares voted by ballot was as follows:

Number of
Votes FOR

Number of
Votes AGAINST

Percentage of Total
Votes FOR

63,107,565

5,561,040

91.90%

 

About Redknee

Redknee monetizes today’s digital world. We provide a complete portfolio of mission-critical monetization and subscriber management solutions and services that allow communications service providers, utility companies, auto makers and enterprise businesses of all types to charge for things in new and innovative ways. Redknee’s real-time billing, charging, policy and customer care offerings provide the agility and scalability to drive a unique user experience, increase profitability and support any new product or business model. Available on premise, cloud-based, or as a Software-as-a-Service, Redknee’s low-risk, flexible solutions power more than 250 businesses across the globe. Established in 1999, Redknee Solutions Inc. (TSX: RKN) is the parent of the wholly-owned operating subsidiary Redknee Inc. and its various subsidiaries. References to Redknee refer to the combined operations of those entities. For more information about Redknee and its solutions, please go to www.redknee.com.

SOURCE Redknee Solutions Inc.