Canada NewsWire
TORONTO, May 24, 2017
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./
TORONTO, May 24, 2017 /CNW/ - Tricon Capital Group Inc.
("Tricon" or the "Company") (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry,
is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual and special meeting
of shareholders held on May 24, 2017 (the "Meeting"). In particular, all nominees listed in
the Company's information circular dated March 29, 2017 were elected as directors of the
Company. The results of the voting for each nominee are as follows:
|
Nominee
|
Votes For
|
Votes Withheld
|
|
Number
|
%
|
Number
|
%
|
|
David Berman
|
76,212,787
|
91.95
|
6,673,548
|
8.05
|
|
J. Michael Knowlton
|
78,464,236
|
94.66
|
4,422,099
|
5.34
|
|
Peter D. Sacks
|
80,071,237
|
96.60
|
2,815,098
|
3.40
|
|
Sian M. Matthews
|
80,397,050
|
97.00
|
2,489,285
|
3.00
|
|
Ira Gluskin
|
82,336,572
|
99.34
|
549,763
|
0.66
|
|
Gary Berman
|
76,245,700
|
91.99
|
6,640,635
|
8.01
|
|
Geoff Matus
|
73,373,778
|
88.52
|
9,512,557
|
11.48
|
In addition, Tricon reports that the appointment of PricewaterhouseCoopers LLP as Tricon's auditors, a resolution to approve
the unallocated entitlements under Tricon's second amended and restated stock option plan and a resolution to approve the
unallocated entitlements under Tricon's amended and restated deferred share unit plan were all approved by the affirmative vote
of a majority of the votes represented at the Meeting.
About Tricon Capital Group Inc.
Tricon is a principal investor and asset manager focused on the residential real estate industry in North America with approximately $4.5 billion (C$6.1
billion) of assets under management. Tricon owns, or manages on behalf of third-party investors, a portfolio of
investments in land and homebuilding assets, single-family rental homes, manufactured housing communities and multi-family
development projects. Our business objective is to invest for investment income and capital appreciation through our
Principal Investment business and to earn fee income through our Private Funds and Advisory business. Since its inception
in 1988, Tricon has invested in real estate and development projects valued at approximately $19
billion. More information about Tricon is available at www.triconcapital.com.
SOURCE Tricon Capital Group Inc.
View original content: http://www.newswire.ca/en/releases/archive/May2017/24/c1509.html