Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, ON, May 13, 2014 /CNW/ - Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the "Meeting") the proposed nominees for directors of the Corporation received the following votes:

Name of Proposed Nominee	Votes For	Percentage of Votes For	Votes Withheld	Percentage of Votes Withheld
N. Murray Edwards	48,850,487	100%	2,139	0%
Beth M. Bandler	48,850,101	99.99%	2,525	0.01%
James S. Butyniec	48,850,187	100%	2,439	0%
Hon. William G. Davis	48,841,599	99.98%	11,027	0.02%
William A. Dimma	48,849,063	99.99%	3,563	0.01%
Bruce W. Gowan	48,849,437	99.99%	3,189	0.01%
Larry G. Moeller	48,848,377	99.99%	4,249	0.01%
Steven Somerville	46,856,193	95.91%	1,996,433	4.09%

As a result, all of the above named nominees have been elected to hold office for the ensuing year, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Ontario) and by-laws of the Corporation.

Although Mr. Donald C. Lowe was named in the Corporation's management information circular dated March 21, 2014 as a nominee as a director to be elected at the Meeting, Mr. Lowe did not stand for re-election at the Meeting.

About Magellan Aerospace:

Magellan Aerospace is one of the world's most integrated aerospace industry suppliers. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, and complementary specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout Canada, the United States, the United Kingdom, India, Northern Ireland, and Poland.

 

SOURCE: Magellan Aerospace Corporation

James S. Butyniec
Chief Executive Officer
Magellan Aerospace Corporation
T : [phone] ext. 233
E:  [email protected] 

John Dekker
Chief Financial Officer & Corporate Secretary
Magellan Aerospace Corporation
T: [phone] Ext 224
E: [email protected]