INSPIRED ENTERTAINMENT, INC. (NASDAQ:INSE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
On Wednesday, March 7, 2018, Inspired Entertainment, Inc. (the “Company”) held its 2018 Annual Meeting of Stockholders (the “Annual Meeting”) at the offices of Ellenoff Grossman& Schole LLP, 1345 Avenue of the Americas, New York, NY 10105, at 8:00 A.M. Eastern Time.
Set forth below are the final voting results for each of the proposals:
Proposal No. 1 – Election of Directors
A. Lorne Weil, Luke L. Alvarez, M. Alexander Hoye, Ira H. Raphaelson, John M. Vandemore and Roger D. Withers were elected to serve on the Company’s Board of Directors until the 2019 annual meeting of stockholders or until their respective successors are duly elected and qualified. The voting results were as follows:
|
Nominee |
For |
Withheld |
Broker Non-Votes |
| A. Lorne Weil | 18,087,414 | 44,325 | |
| Luke L. Alvarez | 18,122,582 | 9,157 | |
| M. Alexander Hoye | 17,892,959 | 238,780 | |
| Ira H. Raphaelson | 17,858,491 | 273,248 | |
| John M. Vandemore | 17,893,659 | 238,080 | |
| Roger D. Withers | 17,890,659 | 241,080 | |
Proposal No. 2 – Approve and Ratify the Company’s Second Long-Term Incentive Plan, as amended
The Inspired Entertainment, Inc. Second Long-Term Incentive Plan, as amended, was approved and ratified. The voting results were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
| 17,654,504 | 476,235 | 1,000 |
Proposal No. 3 – Approve and Ratify the Company’s Rights Agreement
The Rights Agreement, dated as of August 13, 2017, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent, was approved and ratified. The voting results were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
| 13,184,294 | 4,946,195 | 1,250 |
Proposal No. 4 –Ratify the Appointment of Marcum LLP
The appointment of Marcum LLP as auditors of the Company for the fiscal year ending September 30, 2018 was ratified. The voting results were as follows:
|
For |
Against |
Abstain |
Broker Non-Votes |
| 18,128,239 | 3,200 |
About INSPIRED ENTERTAINMENT, INC. (NASDAQ:INSE)
Inspired Entertainment, Inc., formerly Hydra Industries Acquisition Corp., is a global games technology company. The Company is engaged in developing and operating digital games and networks. The Company is engaged in supplying Virtual Sports, Mobile Gaming and Server-Based Gaming (SBG) systems with associated terminals and digital content to regulated betting, gaming and lottery operators around the world. The Company operates through two segments: Server Based Gaming and Virtual Sports. The Company operates approximately 25,000 digital gaming terminals and supplies its Virtual Sports products in over 35,000 venues and on approximately 100 Websites in over 30 countries. The Company provides digital gaming solutions on its network that accommodates a range of devices, including land-based gaming machine products, mobile devices, such as smartphones and tablets, as well as personal computer (PC) and social applications. INSPIRED ENTERTAINMENT, INC. (NASDAQ:INSE) Recent Trading Information
INSPIRED ENTERTAINMENT, INC. (NASDAQ:INSE) closed its last trading session down -0.05 at 5.85 with shares trading hands.
