Superior Plus Reports Voting Results of Annual Special Meeting of Shareholders
TORONTO--(BUSINESS WIRE)-- Superior Plus Corp. (“Superior” or the “Corporation”) (TSX:SPB) held its annual special meeting of shareholders on May 8, 2018 in Toronto (the “Meeting”). Pursuant to the requirements of the Toronto Stock Exchange, Superior is issuing this news release to summarize the voting results in respect of the Meeting.
A total of 86,593,640 common shares ("Common Shares") of the Corporation, representing approximately 60.62% of Common Shares, were represented in person or by proxy at the Meeting. Shareholders approved resolutions appointing Ernst & Young LLP as the Corporation's auditors, approving the amendment to the Corporation’s By-Law No. 1, approving the renewal and amendment of the Corporation's Shareholder Rights Plan and approving a non-binding advisory vote regarding the Corporation's approach to executive compensation with approximately 97.17%, 99.83%, 98.40% and 93.91% approval of the Common Shares represented in person or by proxy at the Meeting, respectively.
The nine director nominees proposed by management were elected by ballot at the Meeting. Proxies and in person votes were received as follows:
|Nominee||Votes For||Votes Withheld|
|Catherine M. Best||82,077,613||95.46||3,902,198||4.54|
|Eugene V.N. Bissell||85,475,404||99.41||504,407||0.59|
|Richard C. Bradeen||85,522,089||99.47||457,722||0.53|
|Randall J. Findlay||83,796,258||97.46||2,183,553||2.54|
|Patrick E. Gottschalk||85,490,850||99.43||488,961||0.57|
|Douglas J. Harrison||84,891,814||98.73||1,087,997||1.27|
|Mary B. Jordan||85,473,757||99.41||506,054||0.59|
|David P. Smith||81,111,305||94.34||4,868,506||5.66|
About the Corporation
Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management; and Specialty Chemicals includes the manufacture and sale of specialty chemicals.
For further information about Superior, please visit our website at: www.superiorplus.com or contact:
Executive Vice President and Chief Financial Officer
or Rob Dorran
Vice President, Investor Relations and Treasurer
Toll Free: 1-866-490-PLUS (7587).