Cara Operations Limited: Voting Results for Directors at Annual Shareholders' Meeting
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VAUGHAN, ON, June 28, 2017 /CNW/ - Cara Operations Limited is pleased to announce the results of the vote on Directors at its May 5, 2017 Annual Shareholders' Meeting.
Each of the nominee directors listed in the Corporation's management proxy circular dated March 24, 2017 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the six directors nominated for election, directing as set forth in the table below:
| Name of Nominee |
Vote For (Aggregate) |
% |
Withhold Vote (Aggregate) |
% |
Vote For (Subordinate Voting Shares) |
% |
Withhold Vote (Subordinate Voting Shares) |
% |
| William D. Gregson |
870,570,259 |
99.49 |
4,495,388 |
0.51 |
10,663,159 |
70.34 |
4,495,388 |
29.66 |
| Stephen K. Gunn |
874,717,119 |
99.96 |
348,528 |
0.04 |
14,810,019 |
97.70 |
348,528 |
2.30 |
| Christopher D. Hodgson |
873,922,361 |
99.87 |
1,143,286 |
0.13 |
14,015,261 |
92.46 |
1,143,286 |
7.54 |
| Michael J. Norris |
875,029,349 |
100 |
36,298 |
0 |
15,122,249 |
99.76 |
36,298 |
0.24 |
| John A. Rothschild |
869,859,438 |
99.41 |
5,206,209 |
0.59 |
9,952,338 |
65.65 |
5,206,209 |
34.35 |
| Sean Regan |
869,858,584 |
99.41 |
5,207,063 |
0.59 |
9,951,484 |
65.65 |
5,207,063 |
34.35 |
About CARA
Founded in 1883, Cara is Canada's oldest and largest full-service restaurant company. The Company franchises and/or operates some of the most recognized brands in the country including Swiss Chalet, Harvey's, St-Hubert, Milestones, Montana's, Kelsey's, East Side Mario's, New York Fries, Prime Pubs, Original Joe's, State & Main, Elephant & Castle, Bier Markt and Landing restaurants. As at March 26, 2017, Cara had 1,238 restaurants, 1,181 of which were located in Canada and the remaining 57 locations were located internationally. 84% of Cara's restaurants are operated by franchisees and 54% of Cara's locations are based in Ontario. Cara's shares trade on the Toronto Stock Exchange under the ticker symbol CARA.TO. More information about the Company is available at www.cara.com.
SOURCE Cara Operations Limited
INVESTOR RELATIONS: Cara Operations Limited, Ken Grondin, (905) 760-2244, Chief Financial Officer, Email: [email protected] or [email protected]
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