This excerpt taken from the PAE 6-K filed Jul 28, 2005.
A quorum for the Special Meeting is two shareholders present in person or represented by proxy holding not less than 33 1/3% of the issued and outstanding common shares of the Company.
To the knowledge of the directors and senior officers of the Company, no person or company beneficially owns, directly or indirectly, or exercises control or direction over, voting securities carrying more than 10% of the outstanding voting rights attached to any one class of voting securities of the Company, other than:
CPC Communications Inc. is an Ontario company that is controlled by the family of Gary Howsam, a director and officer of the Company.
These shares were issued in relation to the conversion rights instrument under the debt restructuring agreement with FremantleMedia.
The directors have determined that all shareholders of record as of 25th day of July, 2005 will be entitled to receive notice of and to vote at the SPECIAL MEETING.