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CST: 18/09/2019 11:29:22   

Global Water Resources Reports Results of Director Election

130 Days ago

PHOENIX, Ariz., May 10, 2019 (GLOBE NEWSWIRE) -- Global Water Resources Inc., ("the Company"), (NASDAQ: GWRS), (TSX: GWR), announced that the nominees listed in the Proxy Statement, dated March 29, 2019, for the 2019 Annual Meeting of Stockholders ("the Meeting") were selected as Directors of the Company.  As of the March 21, 2019 record date for the determination of the shareholders entitled to notice of and to vote at the meeting, 21,471,296 shares of common stock were outstanding and eligible to vote. A total of 18,476,886 shares were voted in person or by proxy at the meeting. The results of the vote for the election of the Directors at the Meeting were as follows:

  Votes For % of Total Shares
Voted
  Votes Withheld % of Total
Shares Voted
  Broker Non-
Votes
% of Total 
Shares Voted
William S Levine 16,466,584 89.12 %   196,857 1.07 %   1,813,445 9.81 %
Richard M. Alexander 15,001,577 81.19 %   1,661,864 8.99 %   1,813,445 9.81 %
David C. Tedesco 15,000,322 81.18 %   1,663,119 9.00 %   1,813,445 9.81 %
Ron L. Fleming 16,508,840 89.35 %   154,601 0.84 %   1,813,445 9.81 %
Debra G. Coy 16,515,319 89.38 %   148,122 0.80 %   1,813,445 9.81 %
Brett Huckelbridge 16,501,913 89.31 %   161,528 0.87 %   1,813,445 9.81 %
David Rousseau 16,510,597 89.36 %   152,844 0.83 %   1,813,445 9.81 %

In addition, at the Meeting, the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2019 was ratified. The results of the vote were as follows:

Votes For % of Total
Shares Voted
  Votes
Against
% of Total
Shares Voted
  Abstentions % of Total
Shares Voted
  Broker
Non-Votes
% of Total
Shares Voted
18,396,878 99.57 %   64,602 0.35 %   15,406 0.08 %   0 %

About Global Water Resources

Global Water Resources, Inc. is a leading water resource management company that owns and operates 12 utility companies which provide water, wastewater, and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. To learn more, visit www.gwresources.com.

Company Contact:
Michael J. Liebman
SVP and CFO
Tel (480) 999-5104
mike.liebman@gwresources.com

Investor Relations:
Ron Both, CMA
Tel (949) 432-7566
GWRS@cma.team

 

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