Welcome!

News Feed Item

Capital Power Reports on Voting Results from the 2014 Annual Meeting of Shareholders

EDMONTON, ALBERTA -- (Marketwired) -- 04/29/14 -- The annual meeting of shareholders (annual meeting) for Capital Power Corporation (TSX: CPX) (Capital Power or the Company) was held on April 25, 2014 in Edmonton, Alberta. Each of the matters voted upon at the annual meeting is discussed in detail in the Company's Management Proxy Circular dated March 10, 2014 and is available on the Company's website at: www.capitalpower.com/2014AGM.

The total number of shares represented by shareholders present in person and by proxy at the annual meeting was 60,240,663 representing 60.11% of the Company's outstanding Common and Special Voting Shares.

The voting results for each matter presented at the annual meeting are provided below:


1.  Election of Directors:

Each of the eight director nominees put forward by management were elected by a vote conducted by way of ballot as follows:


----------------------------------------------------------------------------
                                                          Votes
Director              Votes in Favour % In Favour      Withheld  % Withheld
----------------------------------------------------------------------------
Albrecht Bellstedt         40,658,369       98.29%      707,295        1.71%
----------------------------------------------------------------------------
Brian Bentz                40,667,391       98.33%      689,273        1.67%
----------------------------------------------------------------------------
Richard Cruickshank        32,921,292       79.59%    8,444,372       20.41%
----------------------------------------------------------------------------
Brian Vaasjo               40,346,258       97.54%    1,019,406        2.46%
----------------------------------------------------------------------------
William Bennett            40,902,721       98.88%      462,943        1.12%
----------------------------------------------------------------------------
Philip Lachambre           40,901,225       98.88%      464,439        1.12%
----------------------------------------------------------------------------
Doyle Beneby               40,470,497       97.84%      895,167        2.16%
----------------------------------------------------------------------------
Peggy Mulligan             40,907,095       98.89%      458,569        1.11%
----------------------------------------------------------------------------
Donald Lowry               38,843,732       93.90%    2,521,932        6.10%
----------------------------------------------------------------------------

Each of the two director nominees put forward by EPCOR Power Development Corporation (EPCOR), being Hugh Bolton and Allister McPherson, were elected by acclamation. Pursuant to the Company's Articles of Incorporation, EPCOR, as the sole holder of the Company's issued and outstanding Special Voting Shares, has the right to elect two directors of the Company, and EPCOR nominated only Hugh Bolton and Allister McPherson for election. A proxy representing 18,841,000 (100%) votes for the election of Hugh Bolton and Allister McPherson, and nil votes withheld, was received from EPCOR.


2.  Appointment of Auditors:

The appointment of KPMG LLP, Chartered Accountants, to serve as the auditors of the Company until the close of the next annual meeting, at remuneration to be fixed by the Directors on the recommendation of the Audit Committee, was approved by a show of hands. Proxies representing 60,205,885 (99.96%) votes for and 21,456 (0.04%) votes withheld were received.


3.  Approach to executive compensation:

On an advisory basis and not to diminish the role and responsibility of the board of directors, the approach to executive compensation disclosed in the Company's Management Proxy Circular was approved by a show of hands. Proxies representing 58,913,245 (97.87%) votes for and 1,279,622 (2.13%) votes against were received.

About Capital Power

Capital Power (TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 2,600 megawatts of power generation capacity at 14 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 490 megawatts of owned generation capacity is under construction in Alberta and Ontario.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for ...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, attendees learned about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how ...
"At ROHA we develop an app called Catcha. It was developed after we spent a year meeting with, talking to, interacting with senior citizens watching them use their smartphones and talking to them about how they use their smartphones so we could get to know their smartphone behavior," explained Dave Woods, Chief Innovation Officer at ROHA, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...