EX-99.1 2 dex991.htm FINAL REPORT ON ATTENDANCE AT THE 2011 ANNUAL & SPECIAL MEETING OF SHAREHOLDERS Final Report on Attendance at the 2011 Annual & Special Meeting of Shareholders

EXHIBIT 99.1

ALGONQUIN POWER & UTILITIES CORP.

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

JUNE 21, 2011

Final Report On Attendance

We are pleased to report that there are 131 Shareholders holding 50,144,092 Common Shares represented in person or by proxy at this meeting.

This represents 42.07% of the 119,199,940 issued and outstanding Common Shares.

Dated this 21st day of June, 2011.

 

CIBC MELLON TRUST COMPANY
/s/ Anoosheh Farzanegan
Anoosheh Farzanegan
/s/ Bill Zawada
Bill Zawada

ALGONQUIN POWER & UTILITIES CORP.

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

JUNE 21, 2011

VOTING RESULTS

Resolution #1:

On a show of hands, the Chairman declared that the shareholders ratified the re-appointment of KPMG LLP, Chartered Accountants, as auditors of the Corporation and authorizing the directors of the Corporation to fix the remuneration of the auditors.

Proxies Tabulated:

 

For:

      49,429,337   

Withheld:

      664,311   

Total:

      50,093,648   

Resolution #2:

On a ballot, shareholders ratified the Election of directors for all nominees listed below:

Ballots Tabulated:

 

     For      Withheld  

Christopher J. Ball

      44,903,587         716,062   

Christopher Huskilson

      24,521,995         21,097,654   

Christopher Jarratt

      22,843,992         22,775,657   

Kenneth Moore

      42,874,674         2,744,975   

Ian Robertson

      22,846,681         22,772,968   

George L. Steeves

      41,998,245         3,621,404   

Resolution #3:

On a show of hands, the Chairman declared that the shareholders ratified the special resolution providing that the Corporation’s articles be amended to change the name of the Corporation to such name as may be determined by the Board from time to time.

Proxies Tabulated:

 

For:

      49,608,079   

Against:

      505,882   

Total:

      50,113,961   

 

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Algonquin Power & Utilities Corp.

Voting Results

Resolution #4:

On a show of hands, the Chairman declared that the shareholders ratified the resolution approving a strategic investment agreement (“Strategic Investment Agreement”) with Emera Inc. (“Emera”).

Proxies Tabulated:

 

*  

For:

      36,720,770   
 

Against:

      345,748   
 

Total:

      37,066,518   

 

* Excludes 8,523,000 shares owned by Emera

Resolution #5:

On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the transactions proposed with Emera, to the extent that any one or more of such transactions may result in Emera holding 20% or more of the Corporation’s outstanding common shares (“Shares”), subject to Emera’s holdings not exceeding 25% of the outstanding Shares.

Proxies Tabulated:

 

*  

For:

      36,698,320   
 

Against:

      368,198   
 

Total:

      37.066,518   

 

* Excludes 8,523,000 shares owned by Emera

Resolution #6:

On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the waiver of the Corporation’s shareholder rights plan to acquisitions of Shares by Emera under transactions completed in accordance with the Strategic Investment Agreement.

Proxies Tabulated:

 

For:

      45,076,518       *   For:      36,553,518   

Against:

      953,000         Against:      953,000   

Total:

      46,029,518         Total:      37,506,518   

 

* Excludes 8,523,000 shares owned by Emera

 

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Algonquin Power & Utilities Corp.

Voting Results

Resolution #7:

On a show of hands, the Chairman declared that the shareholders ratified the resolution to approving amendments to the Corporation’s stock option plan.

Proxies Tabulated:

 

For:

      45.025,077   

Against:

      1,004,441   

Total:

      46,029,518   

Resolution #8:

On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the Corporation’s employee share purchase plan.

Proxies Tabulated:

 

For:

      45,432,822   

Against:

      596,696   

Total:

      46,029,518   

Resolution #9:

On a show of hands, the Chairman declared that the shareholders ratified the resolution approving the Corporation’s directors’ deferred share unit plan.

Proxies Tabulated:

 

For:

      45,053,259   

Against:

      976,259   

Total:

      46,029,518   

Dated this 21st day of June, 2011.

 

CIBC MELLON TRUST COMPANY    
/s/ Anoosheh Farzanegan     /s/ Bill Zawada
Anoosheh Farzanegan     Bill Zawada

ALGONQUIN POWER & UTILITIES CORP.

ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

JUNE 21, 2011

PROXYHOLDER LIST

 

NAME OF APPOINTEE

   

SHAREHOLDER NAME

    NUMBER OF SHARES  

Christopher Ball

    Various Shareholders      24,881   

George Steeves

    Various Shareholders      5,250   

Management Proxy (Christopher Ball)

    Various Shareholders      50,113,961   
           
   Total:      50,144,092