CALGARY, AB–(Marketwired – May 16, 2016) – DirectCash Payments Inc. (“DirectCash“) (TSX: DCI)
is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2016 were elected as directors of DirectCash. The detailed results of the vote for the election of directors held at its annual general meeting of shareholders are set out below.
On a vote by ballot, each of the following six nominees proposed by management was elected as a director of DirectCash:
| Nominee | Outcome of Vote | Votes For | % For | Votes Withheld | % Withheld | |||||
| Jeffrey J. Smith Gary H. Dundas R. Bradley Hurtubise Barry G. Sechos Leroy E. Thiessen Ron Waxman |
Elected Elected Elected Elected Elected Elected |
6,496,870 6,121,521 6,126,771 6,186,424 6,943,777 6,938,958 |
98.41 86.72 86.80 87.64 98.37 98.30 |
111,963 937,312 932,062 872,409 115,056 119,875 |
1.59 13.28 13.20 12.36 1.63 1.70 |
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In addition, all other resolutions presented at the meeting were approved by DirectCash’s shareholders, including the appointment of KPMG LLP as auditors. Detailed voting results for all resolutions will be posted under DirectCash’s profile at www.sedar.com.
About DirectCash Payments Inc.
DirectCash is one of the largest branded ATM providers in Canada and Australia, and the third largest branded ATM provider in the United Kingdom. DirectCash is one of the leading providers of credit union and other financial institution processing and outsourcing services, branded non-financial institution debit terminals and prepaid card products in Canada. DirectCash also offers ATM Services in Mexico and New Zealand.
Additional information about DirectCash is available on SEDAR (www.sedar.com) and on DirectCash’s website at www.directcash.net.
For further information, please contact:
Jeffrey J. Smith
DirectCash Payments Inc.
President, CEO & Director
(403) 387-2101
jeff@directcash.net