Encana Corporation (TSE:ECA) Files An 8-K Submission of Matters to a Vote of Security Holders
ITEM5.07Submission of Matters to a Vote of Security Holders.
At the 2017 Annual Meeting of Shareholders held on May2, 2017,
the shareholders of Encana Corporation (the Corporation) voted
on: (1) 10 nominated directors to be elected to the Corporations
board (the Board) to serve until the close of the Corporations
next annual meeting of shareholders or until their successors are
elected or appointed; (2)the appointment of
PricewaterhouseCoopers LLP as the Corporations independent
auditors until the close of the Corporations next annual meeting
of shareholders; (3)an advisory vote to approve the compensation
of the Corporations named executive officers (a Say-on-Pay vote);
and (4)an advisory vote on the frequency of Say-on-Pay votes. The
proposals are further described in the Corporations definitive
proxy statement on Schedule 14A filed with the U.S. Securities
and Exchange Commission on March23, 2017 (the Proxy
Statement).
The tables below
set forth the number of votes cast for, against or withheld, and
the number of abstentions and broker non-votes, for each matter
voted upon by the Corporations shareholders.
| 1. | Election of Directors |
The following
individuals were elected to the Board:
|
Name of Nominee |
Votes For | Percent | VotesWithheld | Percent | BrokerNon-Votes | |||||
|
Peter A. Dea |
535,096,388 | 99.12% | 4,761,912 | 0.88% | 50,377,962 | |||||
|
Fred J. Fowler |
526,182,537 | 97.47% | 13,675,763 | 2.53% | 50,377,962 | |||||
|
Howard J. Mayson |
536,778,320 | 99.43% | 3,079,980 | 0.57% | 50,377,962 | |||||
|
Lee A. McIntire |
524,559,330 | 97.17% | 15,298,970 | 2.83% | 50,377,962 | |||||
|
Margaret A. McKenzie |
523,577,985 | 96.98% | 16,280,435 | 3.02% | 50,377,842 | |||||
|
Suzanne P. Nimocks |
524,412,409 | 97.14% | 15,445,679 | 2.86% | 50,378,174 | |||||
|
Brian G. Shaw |
536,984,231 | 99.47% | 2,873,737 | 0.53% | 50,378,294 | |||||
|
Douglas J. Suttles |
537,166,485 | 99.50% | 2,691,815 | 0.50% | 50,377,962 | |||||
|
Bruce G. Waterman |
524,983,845 | 97.24% | 14,874,123 | 2.76% | 50,378,294 | |||||
|
Clayton H. Woitas |
526,447,416 | 97.52% | 13,410,552 | 2.48% | 50,378,294 |
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| 2. |
Appoint PricewaterhouseCoopers LLP as Independent Auditors |
The shareholders
approved the appointment of PricewaterhouseCoopers LLP, Chartered
Accountants, as the Corporations independent auditors until the
close of the Corporations next annual meeting of
shareholders.
|
Votes For |
Percent |
Votes Withheld |
Percent |
BrokerNon-Votes |
||||
| 585,416,416 | 99.18% | 4,819,846 | 0.82% | n/a |
| 3. |
Advisory Vote to Approve Compensation of Named Executive Officers |
The shareholders
approved, on a non-binding advisory basis, the compensation of
the Corporations named executive officers, as disclosed in the
Proxy Statement.
|
Votes For |
Percent |
Votes Against |
Percent |
BrokerNon-Votes |
||||
|
334,917,382 |
62.04% | 204,943,899 | 37.96% | 50,374,981 |
| 4. |
Advisory Vote on Frequency of Say-on Pay-Votes |
The shareholders
approved, on a non-binding advisory basis, an annual frequency of
Say-on-Pay
votes.
|
Votes for One Year |
Percent |
Votes for Two Years |
Percent |
Votes for Three Years |
Percent |
Abstentions |
Percent |
Broker Non-Votes |
||||||||
|
500,125,146 |
98.50% | 1,290,001 | 0.25% | 5,573,136 | 1.10% | 721,087 | 0.15% | 82,526,892 |
| ITEM8.01Other | Events. |
On May2, 2017, the Corporation
issued a news release announcing the election of directors voting
results from the 2017 Annual Meeting of Shareholders. A copy of
the news release is attached as Exhibit 99.1 to this Current
Report on Form8-K.
| ITEM9.01 | Financial Statements and Exhibits. |
(d)
Exhibits
| ExhibitNo. | Exhibit Description |
Exhibit 99.1 News Release
dated May2, 2017.
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About Encana Corporation (TSE:ECA)
Encana Corp is a Canada-based energy producer, which is engaged in the business of exploration, development, production and marketing of natural gas, oil and natural gas liquids (NGLs). The Company’s operations also include the marketing of natural gas, oil and NGLs. All of its reserves and production are located in North America. The Company operates through three segments: Canadian Operations, USA Operations and Market optimization. The Company’s Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada. USA Operations include the exploration for, development of, and production of natural gas, oil and NGLs, and other related activities within the United States. Market Optimization segment is responsible for the sale of the Company’s production and managing the associated netback price. Market Optimization sells the Company’s upstream production to third-party customers. Encana Corporation (TSE:ECA) Recent Trading Information
Encana Corporation (TSE:ECA) closed its last trading session down -0.59 at 14.30 with 4,951,052 shares trading hands.
