VANCOUVER, BC, June 9, 2021 /PRNewswire/ - BBTV Holdings Inc.
(TSX: BBTV) (OTCQX: BBTVF) ("BBTV" or the "Company") is pleased to
announce it will hold its Annual General and Special Meeting of
Shareholders (the "Meeting") virtually on Wednesday June 30, 2021 at 1pm Pacific time.
The resolution proposed to be passed at the Meeting
to ratify the change of name of common shares of the Company
to Multiple Voting Shares and to ratify the creation of Subordinate
Voting Shares (the "Shareholder Resolution") has been
withdrawn. The Shareholder Resolution was originally sought by the
Company as part of a proposed process to apply for exemptive relief
under Part 12 of National Instrument 41-101 – General Prospectus
Requirements and Ontario Securities Commission Rule 56-501 –
Restricted Securities (together, the "Restricted Share
Rules") which regulate the creation and distribution of
"restricted shares" as defined in Rule 56-501. Subsequently,
the Company has determined that exemptive relief is not required
under the Restricted Share Rules and has withdrawn the Shareholder
Resolution. The Shareholder Resolution will no longer be voted upon
at the Meeting.
A copy of the Company's Information Circular is available:
- under the Company's profile on SEDAR at www.sedar.com
- on the BBTV website at
https://investors.bbtv.com/governance/shareholder-meetings/default.aspx
- and is being sent to Shareholders of record as of May 3, 2021. Holders of both Subordinate Voting
Shares and Multiple Voting Shares as of May
3, 2021 are entitled to attend and vote at the Meeting.
About BBTV
BBTV is a global media and technology
company headquartered in Vancouver,
Canada. The Company's mission is to help content creators
become more successful. With creators ranging from individuals to
global media brands, BBTV provides a comprehensive, end-to-end
solution to increase viewership and drive revenue powered by its
innovative technology, while allowing creators to focus on their
core competency – content creation. In January 2021, BBTV had the second most unique
monthly viewers among digital platforms with more than 600 million
globally, who consumed more than 50 billion minutes of video
content, the most among media companies1.
(www.bbtv.com)
1 Comscore's "Top 12 Countries = January 2021 comScore Video Metrix Media Trend –
Multi-Platform – Top 100 Video Properties Report"; Top 12 countries
represent ~50% of world's digital population.
For further information
Media Relations
Dan
Gamble
Head of PR & Corporate Communications
778-873-0422
dgamble@bbtv.com
Investor Relations
ir@bbtv.com
Ron Shuttleworth
Partner
Oak Hill Financial Inc
(647)–500–7371
rshuttleworth@oakhillfinancial.ca
BBTV-C
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SOURCE BBTV Holdings Inc.