TORONTO, May 6, 2015 /CNW/ - Russel Metals Inc. (RUS - TSX) announced voting results from its 2015 annual and special meeting of shareholders held on May 5, 2015. A total of 35,231,296 common shares were represented at the meeting in person or by proxy, representing 57.11% of the 61,687,628 issued and outstanding common shares as of the record date on March 24, 2015.
Shareholders voted in favour of the election of each nominee director by a substantial majority as follows:
|
|
|
|
Votes |
Percentage |
| Alain Benedetti |
34,698,054 |
99.59% |
142,853 |
0.41% |
| John M. Clark |
33,911,685 |
97.33% |
929,222 |
2.67% |
| James F. Dinning |
34,495,557 |
99.01% |
345,350 |
0.99% |
| John A. Hanna |
33,881,738 |
97.25% |
959,169 |
2.75% |
| Brian R. Hedges |
34,727,037 |
99.67% |
113,870 |
0.33% |
| Alice D. Laberge |
33,943,792 |
97.43% |
897,115 |
2.57% |
| Lise Lachapelle |
33,905,254 |
97.31% |
935,653 |
2.69% |
| William M. O'Reilly |
34,705,835 |
99.61% |
135,072 |
0.39% |
| John R. Tulloch |
34,703,111 |
99.60% |
137,796 |
0.40% |
The Company's advisory "say on pay" resolution was overwhelmingly approved; as was the resolution appointing Deloitte LLP as auditors of the Company. The Company's advance notice by-law was not confirmed by shareholders and is of no further force and effect.
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Alberta Industrial Metals, Apex Distribution, Apex Monarch, Apex Remington, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Siemens Laserworks, Spartan Energy Tubulars, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.
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SOURCE Russel Metals Inc.
Sherri Mooser, Assistant Secretary, Russel Metals Inc., (905) 819-7419, E-mail: [email protected], Web site: www.russelmetals.com
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