CI Financial announces election of directors and results of annual and special meeting of shareholders

TSX Symbol: CIX

TORONTO, April 21, 2017 /CNW/ - CI Financial Corp. (the "Corporation") announced the results of matters voted upon at its annual and special meeting of shareholders held April 20, 2017. Shareholders holding an aggregate of 176,118,431 common shares (66.51% of outstanding shares) were present or represented by proxy at the meeting. 

All nominated directors were elected with voting results tabulated as follows:

Nominee	Votes For	% For	Votes Withheld	% Withheld
Peter W. Anderson	174,859,619	99.50%	887,443	0.50%
Sonia A. Baxendale	175,563,031	99.90%	184,031	0.10%
Paul W. Derksen	174,447,367	99.26%	1,299,695	0.74%
William T. Holland	173,203,946	98.55%	2,543,116	1.45%
David P. Miller	174,855,428	99.49%	891,634	0.51%
Stephen T. Moore	175,597,521	99.91%	149,541	0.09%
Tom P. Muir	174,991,578	99.57%	755,484	0.43%

At the meeting, shareholders also voted: (i) to approve the appointment of Ernst & Young LLP as the auditors of the Corporation; (ii) to ratify and approve the adoption of the Corporation's Restricted Share Unit Plan, together with the grant of Restricted Share Units made under the plan prior to the Meeting; (iii) to confirm the adoption of By-Law No. 2 of the Corporation to increase the quorum requirement for meetings of shareholders to two persons representing not less than 25% of the outstanding shares of the Corporation entitled to vote at the meeting; and (iv) to accept the approach to executive compensation disclosed in the Management Information Circular of the Corporation dated March 1, 2017.

Details of each of these matters are set out in the Management Information. A report of voting results for each resolution presented at the Meeting prepared in accordance with National Instrument 51-102 has been filed under the Corporation's profile on SEDAR at www.sedar.com.

CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth management company with approximately $160.5 billion in assets as of March 31, 2017. Its primary operating businesses are CI Investments Inc., one of Canada's largest investment managers, advisory businesses Assante Wealth Management and Stonegate Private Counsel, and First Asset Capital Corp., a leader in providing actively managed exchange-traded funds to the Canadian marketplace. CI is on the Web at www.cifinancial.com.

SOURCE CI Financial Corp.

Investor Relations, CI Financial Corp., [phone]

Related Links

http://www.ci.com