08.05.2019 23:00:00

Ritchie Bros. Auctioneers reports on voting results from the 2019 annual and special meeting of shareholders

VANCOUVER, May 8, 2019 /CNW/ - The Annual and Special Meeting of Shareholders (the "Meeting") of Ritchie Bros. Auctioneers Incorporated (the "Company", NYSE and TSX: RBA) was held on May 7, 2019 in Burnaby, British Columbia.  Each of the matters voted upon at the Meeting is discussed in detail in the Company's Proxy Statement dated March 27, 2019, which can be found on the Company's website at: https://s2.q4cdn.com/965716280/files/doc_financials/annual_reports/2019/RitchieBros-2019-Proxy-Press-Final.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 58,549,277 shares, representing approximately 53.74% 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


53,939,625


540,604




Robert G. Elton


54,147,328


332,902




J. Kim Fennell


53,910,005


570,224




Erik Olsson


37,400,896


17,079,334




Sarah Raiss


53,716,711


763,519




Ravi K. Saligram


54,185,866


294,364




Amy G. Shenkan


54,188,067


292,162




Christopher Zimmerman


53,831,444


648,787




 

On May 8, 2019, 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 a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company's selling channels include: Ritchie Bros. Auctioneers, the world's largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The company's suite of multichannel sales solutions also includes RB Asset Solutions, a complete end-to-end asset management and disposition system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy Auctioneers, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.

Cision View original content:http://www.prnewswire.com/news-releases/ritchie-bros-auctioneers-reports-on-voting-results-from-the-2019-annual-and-special-meeting-of-shareholders-300846744.html

SOURCE Ritchie Bros. Auctioneers

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