BlackBerry Amends Advance Notice By-Law
| BlackBerry Amends Advance Notice By-Law |
| WATERLOO, ONTARIO--(Marketwired - June 13, 2014) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a world leader in mobile communications, today announced that its Board of Directors has approved an amendment to BlackBerry's By-Law No. A4 adopted by the Board on March 27, 2014, which sets out advance notice requirements for director nominations. The sole purpose of the amendment is to delete the final sentence of Section 3 of the by-law (relating to postponed and adjourned meetings), consistent with recent changes to proxy advisory firm guidance. The amended and restated By-Law No. A4, which has been filed on SEDAR and EDGAR, is subject to the confirmation of shareholders at the annual and special meeting of BlackBerry shareholders to be held on June 19, 2014. |
Pretty much means nothing to normal people but they've made changes to how much time they have to give before announcing board changes.