Questions? Feedback? powered by Olark live chat software

Report Re: Results of Annual General Meeting of Shareholders of Jacada Ltd.

On February 27, 2019, Jacada Ltd. (“Jacada” or the “Company”) held its Annual General Meeting of Shareholders (the “Meeting”) at Jacada’s executive offices at 8 Hasadnaot Street, Herzliya 46728, Israel at 11 am local time. Out of the proposals submitted to Jacada’s shareholders at the Meeting, each of the proposals set forth in the notice and proxy statement with respect to the Meeting, as described below, were duly approved by the requisite majorities (including, for Proposal 1(a) below, a special majority) under the Israeli Companies Law, 5759-1999 (the “Companies Law”):

(1) (a) Election to the Board of Directors of Jacada (the “Board”), of Mr. Ran Oz to serve as an external director under the Israeli Companies Law, 5759-1999 (the “Companies Law”), and as a Class I director under Jacada’s articles of association, as amended (the “Articles”), for a three year term, until the third annual general meeting of shareholders following the Meeting and until the due qualification of his successor, and (b) approval of the terms of his compensation.

(2) Election to the Board of Mr. Barak Gablinger to serve as a Class I director under the Articles for a three year term, until the third annual general meeting of shareholders following the Meeting and until the due qualification of his successor.

(3) Re-election of each of Messrs. Assaf Harel and Ofer Timor to serve as an unclassified director under the Articles for a one-year term, until the next annual general meeting of shareholders and until the due qualification of his successor.

(4) Re-appointment of Kost Forer Gabbay & Kasierer, a member of EY Global, as the independent auditors of the Company for the year ended December 31, 2018 and for such additional period until the next annual general meeting of shareholders, and authorization of the Board to fix the remuneration of the independent auditors based on the volume and nature of their services in accordance with Israeli law, such remuneration and the volume and nature of such services having been previously approved by the audit committee of the Board.

At the Meeting, the audited annual consolidated financial statements of Jacada for the fiscal year ended December 31, 2017 were also presented to Jacada’s shareholders.

A description of each of the above proposals—including biographical information concerning the nominees who were elected to the Board— was set forth at greater length in the proxy statement with respect to the Meeting, which was annexed as Exhibit 99.1 to the Company’s Report of Foreign Private Issuer on Form 6-K that was furnished to the Securities and Exchange Commission (the “SEC”) on January 29, 2019 (which can be viewed at the SEC’s website at www.sec.gov). That description is incorporated by reference herein.

We use cookies to make interactions with our websites and services easy and meaningful, to better understand how they are used, and to tailor advertising. You can read more about our cookie use here in our Privacy Policy. By continuing to use this site you are giving us your consent to do this.