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Ritchie Bros. Auctioneers reports on voting results from the 2017 annual and special meeting of shareholders

2017-05-02 20:11 ET - News Release

Ritchie Bros. Auctioneers reports on voting results from the 2017 annual and special meeting of shareholders

Canada NewsWire

VANCOUVER, May 2, 2017 /CNW/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company", NYSE and TSX: RBA), the world's largest industrial auctioneer, was held on May 1, 2017 in Toronto, Ontario.  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March 20, 2017, which can be found on the Company's website at: https://s2.q4cdn.com/965716280/files/doc_financials/2017/annual/Proxy-Statement-(Website)-2017.pdf

Per TSX reporting requirements, the company wishes to disclose that the total number of shares represented by shareholders in person and by proxy at the Meeting was 91,808,490 shares, representing approximately 85.87% of the Company's outstanding shares.  The voting in relation to the election of directors was conducted by way of ballot at the Meeting and the results were as follows:

Name of Director


Votes For


Votes Withheld

Beverley Briscoe


88,869,597


330,013

Robert G. Elton


87,858,829


1,340,781

Erik Olsson


79,714,328


9,485,282

Eric Patel


87,832,992


1,366,618

Edward B. Pitoniak


88,490,888


708,722

Sarah Raiss


89,140,425


59,185

Ravi K. Saligram


89,099,885


99,725

Christopher Zimmerman


89,099,867


99,743

 

On May 2, 2017, the Company filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world's largest industrial auctioneer, and one of the world's largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.TM asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOneTM, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in more than 15 countries, including 45 auction sites worldwide. Learn more at rbauction.com, EquipmentOne.com, mascus.com, rbauction.com/privatetreaty and rbauction.com/financing.

SOURCE Ritchie Bros. Auctioneers

View original content: http://www.newswire.ca/en/releases/archive/May2017/02/c4716.html

Contact:

Darren Watt, Corporate Secretary, Phone: 778 331 5500, Email: ir@rbauction.com

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