Chemtrade announces voting results from 2013 Annual Meeting
TORONTO, May 17, 2013 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced results for matters voted on at the Fund's Annual Meeting of Unitholders held in Toronto on May 16, 2013. A total of 19,384,206 Units, or 46.52% of the Fund's issued and outstanding Units, were voted in connection with the annual meeting.
Election of Trustees
On a vote by show of hands, all nominees listed in the management information circular for the 2013 Annual Meeting, being the five incumbents with the addition of CEO Mark Davis as a sixth Trustee, were elected as Trustees of the Fund. Detailed results of the vote for the election of Trustees are set out below:
Nominees | Votes For | % For | Votes Withheld | % Withheld |
David Colcleugh | 14,867,434 | 83.98% | 2,835,122 | 16.02% |
Mark Davis | 17,555,477 | 99.17% | 147,079 | 0.83% |
Lucio Di Clemente | 17,445,712 | 98.55% | 256,844 | 1.45% |
David Gee | 17,447,007 | 98.56% | 255,549 | 1.44% |
Susan McArthur | 17,445,282 | 98.55% | 257,274 | 1.45% |
Lorie Waisberg | 16,303,511 | 92.10% | 1,399,045 | 7.90% |
Appointment of Auditors
On a vote by show of hands, Unitholders approved the appointment of KPMG LLP, Chartered Accountants, as auditors of the Fund:
Votes For | % For | Votes Withheld | % Withheld |
19,057,752 | 98.53% | 284,712 | 1.47% |
Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America's largest suppliers of sulphuric acid, liquid sulphur dioxide and sodium hydrosulphite, and a leading processor of spent acid. Chemtrade is also a leading regional supplier of sulphur, sodium chlorate, phosphorous pentasulphide, zinc oxide, and water treatment chemicals. Chemtrade also provides industrial services such as processing hydrogen sulphide and other by-products and waste streams.
SOURCE: Chemtrade Logistics Income Fund
Mark Davis
President & CEO
Tel: (416) 496-4176
Rohit Bhardwaj
Vice President, Finance & CFO
Tel: (416) 496-4177
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