VersaBank (TSX: VB) reports the results of its 2019 Annual Meeting of Shareholders (the « Meeting ») held in Toronto, Ontario on April 24, 2019.
Each of the director nominees listed in VersaBank’s management information circular dated March 1, 2019 were elected as directors of the Bank. The detailed results of the vote are as follows, with percentages rounded to two decimal places:
| Director | Number of Votes Cast | Percentage of Votes Cast | |
| Robbert-Jan Brabander | In Favour: Withheld: |
7,082,865 6,231 |
99.91 % 0.09 % |
| Gabrielle Bochynek | In Favour: Withheld: |
7,062,795 26,301 |
99.63 % 0.37 % |
| David A. Bratton | In Favour: Withheld: |
7,055,798 33,298 |
99.53 % 0.47 % |
| Richard W. Carter | In Favour: Withheld: |
7,055,042 34,054 |
99.52 % 0.48 % |
| The Honourable Thomas A. Hockin | In Favour: Withheld: |
7,054,605 34,491 |
99.51 % 0.49 % |
| Colin E. Litton | In Favour: Withheld: |
7,082,376 6,720 |
99.91 % 0.09 % |
| Susan T. McGovern | In Favour: Withheld: |
7,036,480 52,616 |
99.26 % 0.74 % |
| Paul G. Oliver | In Favour: Withheld: |
7,056,080 33,016 |
99.53 % 0.47 % |
| Avery Pennarun | In Favour: Withheld: |
7,024,781 64,315 |
99.09 % 0.91 % |
| David R. Taylor | In Favour: Withheld: |
7,084,365 4,731 |
99.93 % 0.07 % |
At the meeting the Shareholders also approved the re-appointment of KPMG LLP as auditors of the Bank.
VersaBank’s Voting Results with respect to all matters voted upon at the Meeting will be filed on SEDAR at www.sedar.com.
ABOUT VERSABANK
VersaBank adopted an electronic branchless model in 1993, becoming the world’s first branchless financial institution. It holds a Canadian Schedule I chartered bank license and obtains its deposits, and the majority of its loans and leases, electronically. VersaBank’s Common Shares trade on the Toronto Stock Exchange under the symbol VB and its Series 1 Preferred Shares and Series 3 Preferred Shares trade under the symbols VB.PR.A and VB.PR.B, respectively.
For further information please contact:
Investor Relations: Wade MacBain, (800) 244-1509, [email protected]