MISSISSAUGA, ON, May 10, 2016 /CNW/ – Temple Hotels Inc. (“Temple”) (TSX: TPH) today announced the results of matters voted on at its annual shareholders’ meeting held on May 9, 2016 (the “Meeting”), which included the election of directors of Temple, all of the nominees listed in its management information circular dated April 6, 2016. The voting results for each of the matters presented at the Meeting are presented below.
The total number of common shares represented by shareholders present in person or by proxy at the meeting was 44,347,132 representing 57.05 % of Temple’s outstanding common shares.
1. Election of Directors
The five (5) nominees proposed by management were elected as directors of Temple to hold office until the termination of the next annual meeting of shareholders or until their successors are duly elected or appointed, subject to the provisions of Temple’s by-laws. Proxies were received on this matter as follows:
|
Name |
Votes For |
% |
Votes Withheld |
% |
|
Brent McLean |
43,937,249 |
99.60% |
175,299 |
0.40% |
|
David J. Nunn |
43,941,461 |
99.61% |
171,087 |
0.39% |
|
Chris J. Cahill |
43,926,900 |
99.58% |
185,648 |
0.42% |
|
K. Rai Sahi |
43,671,422 |
99.00% |
441,126 |
1.00% |
|
Peter Aghar |
43,930,748 |
99.59% |
181,800 |
0.41% |
2. Appointment of Auditors
The firm of Scarrow & Donald LLP was appointed as auditor of Temple to hold office until the close of the next annual meeting of the shareholders or until their successors are duly appointed, and to authorize the directors to fix the remuneration of the auditor. Proxies were received on this matter as follows:
|
Votes For |
% |
Votes Withheld |
% |
|
44,256,910 |
99.80% |
89,222 |
0.20% |
About Temple Hotels Inc.
Temple is a real estate investment company listed on the TSX under the symbols TPH (common shares), TPH.DB.C, TPH.DB.D, TPH.DB.E and TPH.DB.F (convertible debentures). Temple invests in hotel properties and assets across Canada, wholly-owning a portfolio of 29 hotel properties, comprising of 3,870 rooms, and participating in 50% of the earnings from two additional hotels, comprising 299 rooms. For more information, please visit www.templehotels.ca.
This press release contains certain statements regarding the assignment of the asset management which may constitute forward-looking information. The forward-looking information is subject to certain risks and uncertainties, which could result in actual events or results differing materially from the forward-looking statements.
SOURCE Temple Hotels Inc.
