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Velan announces election of directors

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Velan announces election of directors

Canada NewsWire

MONTRÉAL, July 19, 2018 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX:VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 24, 2018 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 12, 2018 in Montreal, Québec.

The details of the election are as follows:

Director Nominee

Outcome

Votes for

% for

Votes withheld

% withheld

Tom Velan

elected

80,968, 557

98.79

988,322

1.21

William Sheffield

elected

80,676,678

98.44

1,280,201

1.56

Cheryl Hooper

elected

80,677,678

98.44

1,279,201

1.56

Jacques Latendresse

elected

80,676,678

98.44

1,280,201

1.56

Robert Velan

elected

80,968,057

98.79

988,822

1.21

Yves Leduc

elected

81,573,057

99.53

383,822

0.47

James A.
Mannebach

elected

80,998,978

98.83

957,901

1.17

 

Peter Velan did not stand for re-election.

The results of the final votes regarding all matters subject to a vote during the Annual Meeting will be made available under the Corporation's profile on SEDAR (www.sedar.com).

 

SOURCE Velan Inc.

View original content: http://www.newswire.ca/en/releases/archive/July2018/19/c3063.html

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