MONTREAL, May 12, 2015 /CNW Telbec/ - Logistec Corporation (TSX: LGT.A LGT.B) has announced its director election results following its annual meeting of shareholders held on May 8, 2015.
Each of the nominees proposed as director in the management proxy circular dated March 24, 2015 was elected as director of Logistec Corporation on a vote by show of hands. In total, 6,810,734 Class A Common Shares (91.35% of the class) and 3,358,483 Class B Subordinate Voting Shares (66.55 % of the class) were represented in person or by proxy at the meeting, representing 90.80% of the voting rights attached to the shares issued and outstanding as of the record date of March 24, 2015. The proxies given to management as well as to appointees present at the meeting for the election of directors were as follows:
| Directors |
Percentage of Votes |
|
| For |
Withheld |
|
| Madeleine Paquin |
84.80% |
15.20% |
| James C. Cherry |
84.80% |
15.20% |
| Serge Dubreuil |
84.80% |
15.20% |
| George Gugelmann |
84.80% |
15.20% |
| George R. Jones |
84.77% |
15.23% |
| Nicole Paquin |
84.80% |
15.20% |
| Rudy Mack |
84.80% |
15.20% |
| David M. Mann |
84.74% |
15.26% |
| J. Mark Rodger |
84.91% |
15.09% |
| Suzanne Paquin |
84.80% |
15.20% |
| Luc Sabbatini |
84.80% |
15.20% |
About Logistec
Logistec Corporation is based in Montréal (QC) and provides specialized services to the marine community and industrial companies in the areas of bulk, break-bulk and container cargo handling in 32 ports in eastern North America. Logistec also offers marine transportation services geared primarily to the Arctic coastal trade, short-line rail transportation services, as well as marine agency services to foreign shipowners and operators serving the Canadian market. Furthermore, the Company operates in the environmental sector where it provides services to industrial, municipal and other governmental customers for the trenchless structural rehabilitation of underground water mains, regulated materials management, site remediation, risk assessment, and woven-hose manufacturing.
The Company has been profitable and has paid regular dividends since becoming public and payments have grown steadily over the years. A public company since 1969, Logistec's shares are listed on the Toronto Stock Exchange under the ticker symbols LGT.A and LGT.B. More information can be obtained at the Company's website at www.logistec.com.
SOURCE Logistec Corporation
Jean-Claude Dugas CPA, CA, Vice-President, Finance, Logistec Corporation, [email protected], (514) 985-2345
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