TSX Trading Symbol: "MTY"
MONTREAL, May 5, 2014 /CNW Telbec/ - MTY Food Group Inc. ("MTY" or the
"Company") (TSX: MTY), franchisor and operator of multiple concepts of
quick service restaurants, is pleased to announce that all matters set
out in the management information circular dated March 26, 2014 for the
2014 Annual General Meeting of Shareholders held on Friday May 2, 2014
(the ''Meeting'') were approved by shareholders. Over 13,506,575 shares
were voted representing 70.64% of the outstanding shares of the
Company.
The following five nominees were re-elected as directors of MTY. The
detailed results of the vote for the election of directors are set out
below:
|
Nominee
|
# Votes For
|
%
Votes
For
|
# Votes
Withheld
|
% Votes
Withheld
|
# Non
Votes
|
% Non
Votes
|
|
Murat Armutlu
|
12,671,203
|
95.10%
|
653,565
|
4.90%
|
181,807
|
1.36%
|
|
Stanley Ma
|
10,762,180
|
80.77%
|
2,562,588
|
19.23%
|
181,807
|
1.36%
|
|
Dickie Orr
|
13,292,629
|
99.76%
|
32,139
|
0.24%
|
181,807
|
1.36%
|
|
Claude St-Pierre
|
10,580,930
|
79.41%
|
2,743,838
|
20.59%
|
181,807
|
1.36%
|
|
David K. Wong
|
13,283,841
|
99.69%
|
40,927
|
0.31%
|
181,807
|
1.36%
|
The Company's shareholders also approved the appointment of Deloitte
s.e.n.c.r.l., Chartered Accountants, as Auditors of the Company for the
fiscal year ending November 30, 2014.
Each of the matters voted at the Meeting is discussed in detail in the
Company's Management Information Circular dated March 26, 2014, which
can be found on SEDAR at www.sedar.com under the Company's profile for public filings. Final voting results on
all matters voted at the Meeting will be filed on SEDAR at www.sedar.com under the Company's profile for public filings
Subsequent to the Annual General Meeting, the Board of Directors
re-elected Mr. Stanley Ma, as Chairman of the Board and President/CEO
of the Company, Ms. Claude St-Pierre was re-elected as COO and
Secretary of the Company and Mr. Eric Lefebvre was re-elected as CFO of
the Company. Mr. Dickie Orr, Mr. David Wong and Mr. Murat Armutlu were
re-elected as members of the Company's Audit Committee.
Certain information in this News Release may constitute
"forward-looking" information that involves known and unknown risks,
uncertainties, future expectations and other factors which may cause
the actual results, performance or achievements of the Company or
industry results, to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking information. When used in this News Release, this
information may include words such as "anticipate", "estimate", "may",
"will", "expect", "believe", "plan" and other terminology. This
information reflects current expectations regarding future events and
operating performance and speaks only as of the date of this News
Release. Except as required by law, we assume no obligation to update
or revise forward-looking information to reflect new events or
circumstances. Additional information is available in the Company's
Management Discussion and Analysis, which can be found on SEDAR at www.sedar.com.
On Behalf of the Board of Directors of
MTY Food Group Inc.
_____________________________________
Stanley Ma, Chairman, President & CEO
SOURCE MTY Food Group Inc.
