SOURCE: DirectCash Payments Inc.

DirectCash Payments Inc.

May 16, 2016 15:23 ET

DirectCash Payments Inc. Announces Results of Directors Vote

CALGARY, AB--(Marketwired - May 16, 2016) - DirectCash Payments Inc. ("DirectCash") (TSX: DCI) is pleased to announce that the nominees listed in the management proxy circular dated April 4, 2016 were elected as directors of DirectCash. The detailed results of the vote for the election of directors held at its annual general meeting of shareholders are set out below.

On a vote by ballot, each of the following six nominees proposed by management was elected as a director of DirectCash:

                     
Nominee   Outcome of Vote   Votes For   % For   Votes Withheld   % Withheld
Jeffrey J. Smith
Gary H. Dundas
R. Bradley Hurtubise
Barry G. Sechos
Leroy E. Thiessen
Ron Waxman
  Elected
Elected
Elected
Elected
Elected
Elected
  6,496,870
6,121,521
6,126,771
6,186,424
6,943,777
6,938,958
  98.41
86.72
86.80
87.64
98.37
98.30
  111,963
937,312
932,062
872,409
115,056
119,875
  1.59
13.28
13.20
12.36
1.63
1.70
                     

In addition, all other resolutions presented at the meeting were approved by DirectCash's shareholders, including the appointment of KPMG LLP as auditors. Detailed voting results for all resolutions will be posted under DirectCash's profile at www.sedar.com.

About DirectCash Payments Inc.

DirectCash is one of the largest branded ATM providers in Canada and Australia, and the third largest branded ATM provider in the United Kingdom. DirectCash is one of the leading providers of credit union and other financial institution processing and outsourcing services, branded non-financial institution debit terminals and prepaid card products in Canada. DirectCash also offers ATM Services in Mexico and New Zealand.

Additional information about DirectCash is available on SEDAR (www.sedar.com) and on DirectCash's website at www.directcash.net.

Contact Information

  • For further information, please contact:

    Jeffrey J. Smith
    DirectCash Payments Inc.
    President, CEO & Director
    (403) 387-2101
    jeff@directcash.net