MISSISSAUGA, ON, May 11, 2018 /CNW/ - Morguard Corporation
("the Corporation") (TSX: MRC) today announced the results of matters voted on at its annual and special shareholders' meeting
held on May 9, 2018 (the "Meeting"), which included the election of directors of the Corporation,
all of the nominees listed in its management information circular dated March 20, 2018. The
voting results for each of the matters presented at the Meeting are presented below.
The total number of common shares represented by shareholders present in person or by proxy at the meeting was 9,896,150
representing 86.22% of the Corporation's outstanding common shares.
1. Election of Directors
The nine (9) nominees proposed by management were elected as directors of the Corporation to hold office until the termination
of the next annual meeting of shareholders or until their successors are duly elected or appointed, subject to the provisions of
the Corporation's by-laws. Proxies were received on this matter as follows:
|
Name
|
Votes For
|
%
|
Votes Withheld
|
%
|
|
Chris J. Cahill
|
9,777,099
|
99.01
|
97,792
|
0.99
|
|
Graeme M. Eadie
|
9,869,595
|
99.95
|
5,296
|
0.05
|
|
David A. King
|
9,741,609
|
98.65
|
133,282
|
1.35
|
|
Timothy John Murphy
|
9,770,299
|
98.94
|
104,592
|
1.06
|
|
Michael S. Robb
|
9,776,342
|
99.00
|
98,549
|
1.00
|
|
Bruce K. Robertson
|
9,786,195
|
99.10
|
88,696
|
0.90
|
|
Angela Sahi
|
9,770,303
|
98.94
|
104,588
|
1.06
|
|
K. Rai Sahi
|
9,768,467
|
98.92
|
106,424
|
1.08
|
|
L. Peter Sharpe
|
9,845,964
|
99.71
|
28,927
|
0.29
|
2. Appointment of Auditors
The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Corporation to hold office until the
close of the next annual meeting of the shareholders or until their successors are duly appointed, and to authorize the directors
to fix the remuneration of the auditor. Proxies were received on this matter as follows:
|
Votes For
|
%
|
Votes Withheld
|
%
|
|
9,806,611
|
99.15
|
84,568
|
0.85
|
3. Ratification of adoption of By-Law No. 2/18
The adoption of a special resolution authorizing the Corporation to add an advance notice requirement for the nomination of
directors of the Corporation by Shareholders in certain circumstances, the full text of which is set out in the management
information circular dated March 20, 2018.
|
Votes For
|
%
|
Votes Withheld
|
%
|
|
9,748,927
|
100
|
11
|
0.00
|
About Morguard Corporation
Morguard Corporation is a major North American real estate and property management company. It has extensive retail,
office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment
Trust, Morguard North American Residential REIT and Temple Hotels Inc. Morguard also provides real estate management
services to institutional and other investors. Morguard's owned and managed portfolio of assets is valued at $21.3 billion.
For more information, please visit Morguard.com.
SOURCE Morguard Corporation
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