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AcuityAds Announces Voting Results of Annual and Special Meeting of Shareholders

 

TORONTO , May 29, 2019 /CNW/ - AcuityAds Holdings Inc. ("AcuityAds" or the "Company") (AT.V), a technology leader that provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across digital advertising campaigns, is pleased to announce that, at its annual and special meeting of shareholders (the "Meeting") held yesterday, all director nominees were elected as directors of the Company to hold office until the close of the next annual meeting of shareholders or until such person's successor is elected or appointed.

In addition, all other items of business at the Meeting, being the re-appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor, the re-approval of the stock option plan of the Company (the "Stock Option Plan"), and the approval of amendments to the amended and restated deferred share unit plan (the "DSU Plan") of the Company were also approved. The DSU Plan was approved by a majority of shareholders of the Company represented in person or by proxy at the Meeting, excluding votes required to be excluded for the purposes of obtaining disinterested shareholder approval.

The Company has also approved the grant, effective tomorrow, of an aggregate of 30,000 fully-vested stock options to Corey Ferengul , its recently appointed new director, in accordance with the provisions of the Company's Stock Option Plan. Each option will entitle Mr. Ferengul to purchase one common share of the Company for a period of five years at an exercise price that will be equal to today's closing trading price of the Company's common shares on the TSXV.

About AcuityAds:

AcuityAds is a leading technology company that provides marketers a powerful and holistic solution for digital advertising across all ad formats and screens to amplify reach and Share of Attention® throughout the customer journey. Via its unique, data-driven insights, real-time analytics and industry-leading activation platform based on proprietary Artificial Intelligence technology, AcuityAds leverages an integrated ecosystem of partners for data, inventory, brand safety and fraud prevention, offering unparalleled, trusted solutions that the most demanding marketers require to be successful in the digital era.

AcuityAds is headquartered in Toronto with offices throughout the U.S., Europe and Latin America . For more information, visit AcuityAds.com.

Disclaimer in regards to Forward-looking Statements:

Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, the Company does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE AcuityAds Inc.


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