OREANDA-NEWS. Avigilon Corporation, provider of trusted security solutions, today announced the voting results for its Annual General and Special Meeting of shareholders held on June 23, 2016 in Vancouver, British Columbia.

Avigilon's shareholders approved all of the Meeting's resolutions by an overwhelming majority. The details of voting follow:

Set the Number of Directors of Avigilon at Eight

Votes For

% For

Votes Against

% Against

21,745,505

99.74

57,606

0.26

Re-appointment of PricewaterhouseCoopers LLP as Avigilon's Auditor

Votes For

% For

Votes Withheld

% Withheld

21,755,284

99.78

47,829

0.22

Election of Directors

Nominee

Votes For

% For

Votes Withheld

% Withheld

Alexander Fernandes

20,302,119

97.87

441,555

2.13

Wan Jung

20,319,701

97.96

423,973

2.04

Bruce Marginson

20,302,977

97.88

440,697

2.12

Murray Tevlin

20,095,384

96.87

648,290

3.13

Larry Berg

19,344,101

93.25

1,399,573

6.75

Fred Withers

20,297,426

97.85

446,248

2.15

Mike McKnight

20,307,252

97.90

436,422

2.10

Pradeep Khosla

20,309,509

97.91

434,165

2.09

Share Split Resolution

This resolution provides Avigilon's Board of Directors with the discretion to divide the Company's issued and outstanding common shares on a two-for-one basis, such that each existing common share would become two common shares if the resolution were given effect. At this time the Company has no plans to enact this resolution, or to otherwise divide its issued and outstanding shares.

Votes For

% For

Votes Against

% Against

19,513,795

89.50

2,289,117

10.50

Shareholder Rights Plan Resolution

This resolution approved the Company's Shareholder Rights Plan dated May 25, 2016 (the "Rights Plan"), which is now in full force and effect. Avigilon's management adopted the Rights Plan to help maximize shareholder value in the event of an unsolicited take-over bid by providing additional time for Avigilon's shareholders to consider the proposed transaction, and for the Board of Directors to explore, solicit, and consider strategic alternatives. The Rights Plan was not adopted in response to, or in anticipation of, any offer or take-over bid. 

Votes For

% For

Votes Against

% Against

17,550,974

84.61

3,192,500

15.39

Avigilon's management and Board of Directors thank the shareholders for their ongoing support, and look forward to reporting on further matters as they may occur.

About Avigilon

Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions.