CALGARY, April 28, 2016 /CNW/ - SMART Technologies Inc.
(NASDAQ: SMT) (TSX: SMA) ("SMART" or the "Company"), a leading
provider of education and business collaboration solutions,
announces that it has received shareholder approval for the share
consolidation (the "Consolidation") as proposed in the management
proxy circular dated March 16, 2016
(the "Circular") at today's special meeting of the shareholders of
the Company (the "Shareholders").
The Company's board of directors will continually consider the
implementation of the Consolidation and, if and when implemented,
the Company will provide all relevant details regarding the
Consolidation, including its expected effective date and the date
on which the Company's common shares are expected to commence
trading on a post-Consolidation basis on the Toronto Stock Exchange
and the NASDAQ Stock Market and information for Shareholders on the
exchange of share certificates representing pre-Consolidation
Common Shares for share certificates representing
post-Consolidation Common Shares.
Further details regarding the Consolidation are contained in the
Circular, which has been filed on SEDAR at www.sedar.com and on
EDGAR at www.sec.gov.
About SMART
SMART Technologies Inc. (NASDAQ: SMT, TSX:
SMA) is a world leader in simple and intuitive solutions that
enable more natural collaboration. We are an innovator in
interactive touch technologies and software that inspire
collaboration in both education and business around the globe. To
learn more, visit smarttech.com.
SMT – F
Reader's advisory
Certain information contained in
this press release may constitute forward-looking information
including, without limitation, the expected timing and
implementation of the Consolidation. By their very nature,
forward-looking information and statements involve inherent risks
and uncertainties, both general and specific, and risks that
predictions, forecasts, projections and other forward-looking
information and statements will not be achieved. We caution readers
not to place undue reliance on these statements as a number of
important factors could cause the actual results to vary materially
from the forward-looking information or statements. We do not
assume responsibility for the accuracy and completeness of the
forward-looking information or statements. Any forward-looking
information and statements contained in this press release are
expressly qualified by this cautionary statement.
©2016 SMART Technologies Inc. All third-party product and
company names are for identification purposes only and may be
trademarks of their respective owners. To view a list of SMART
trademarks please visit our Trademarks and Guidelines
page.
Please note that SMART is written in all capital
letters.
SOURCE SMART Technologies Inc.