OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Files An 8-K Submission of Matters to a Vote of Security Holders

OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07 Submission of Matters to a Vote of Security Holders.

The Registrant held its annual meeting of shareholders (the
“Annual Meeting”) on May 10, 2017 in Gallipolis, Ohio. At the
Annual Meeting, the shareholders voted on four proposals. The
proposals are described in detail in the Proxy Statement.
Proposal 1
Registrant’s shareholders elected four individuals to the Board
of Directors for a term expiring in 2019, as set forth below:
Name
Votes For
Votes Withheld
Broker Non-Votes
Kimberly A. Canady
3,187,084
95,069
625,350
John G. Jones
3,105,261
176,892
625,350
Brent A. Saunders
3,012,214
269,939
625,350
David W. Thomas
3,239,790
42,363
625,350
Proposal 2
Registrant’s shareholders approved, in a non-binding vote, the
compensation of the Registrant’s named executive officers, as
set forth below:
Votes For
Votes Against
Abstentions
Broker Non-Votes
2,993,364
71,159
217,629
625,351
Proposal 3
Registrant’s shareholders recommended, in a non-binding vote,
the frequency of shareholder votes on the Registrant’s named
executive officer compensation, as set forth below:
1 Year
2 Years
3 Years
Abstentions
Broker Non-Votes
2,720,947
151,416
142,510
263,636
628,994
Proposal 4
Registrant’s shareholders ratified the selection of Crowe
Horwath LLP as the Registrant’s independent registered public
accounting firm for fiscal year ending December 31, 2017, as set
forth below:
Votes For
Votes Against
Abstentions
Broker Non-Votes
3,837,273
4,946
65,284
0


About OHIO VALLEY BANC CORP. (NASDAQ:OVBC)

Ohio Valley Banc Corp. is a financial holding company. The Company has a banking subsidiary, The Ohio Valley Bank Company (the Bank). The Company’s financial service operations are aggregated in two segments: banking and consumer finance. The Company also owns nonbank subsidiaries, which include Loan Central, Inc., which engages in lending; Ohio Valley Financial Services Agency, LLC, which is used to facilitate the receipt of commissions on insurances sold by the Bank and Loan Central, and OVBC Captive, Inc., a limited purpose property and casualty insurance company. The Company is engaged in certain non-banking activities, such as securities underwriting and dealing activities, insurance agency and underwriting activities, and merchant banking/equity investment activities. The Bank is a financial institution offering a range of commercial and consumer banking services within southeastern Ohio, as well as western West Virginia.

OHIO VALLEY BANC CORP. (NASDAQ:OVBC) Recent Trading Information

OHIO VALLEY BANC CORP. (NASDAQ:OVBC) closed its last trading session down -1.70 at 31.20 with 4,830 shares trading hands.

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