Plantify Foods Announces Results of Shareholders Meeting

About this update from Plantify Foods Inc

[{"type":"text","content":"\n \n \n \n Plantify Foods Announces Results of Shareholders Meeting\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 14, 2022\n \n \n /CNW/ - Plantify Foods, Inc. (TSXV: PTFY) (\"\n \n Plantify\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that all matters submitted to shareholders for approval at its annual general and special meeting of shareholders (the \"\n \n Meeting\n \n \") held on\n \n December 12, 2022\n \n were approved. At the Meeting, all director nominees, being\n \n Roy Borochov\n \n ,\n \n Nousheen Huq\n \n , Rowaland Wallenius, Noam Ftecha and Moshe Revach, were elected as directors of the Company. Shareholders also voted in favour of re-appointing\n \n Ziv Haft\n \n , Certified Accountants (Isr.), a BDO member firm as auditors of the Company for the ensuing year and authorized the board of directors of the Company to fix their remuneration.\n \n \n \n \n \n \n \n \n \n In addition, shareholders of the Company approved the Company's omnibus equity incentive plan (the \"\n \n Omnibus Plan\n \n \"). The purpose of the Omnibus Plan is to attract, retain and motivate key individuals. Pursuant to Policy 4.4 –\n \n Security Based Compensation\n \n (\"\n \n Policy 4.4\n \n \") of the TSX Venture Exchange (the \"\n \n TSXV\n \n \"), the Company is permitted to maintain a \"rolling up to 10% and fixed up to 10%\" Security Based Compensation Plan (as defined in Policy 4.4), which reserves a percentage of the issued and outstanding common shares (the \"\n \n Common Shares\n \n \") for issuance pursuant to stock options of the Company (\"\n \n Options\n \n \"), deferred share units of the Company, performance share units of the Company and restricted share units of the Company (together with Options, \"\n \n Awards\n \n \"). The aggregate number of Common Shares that are issuable pursuant to the exercise of Optio...

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