/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES./
TORONTO, May 20, 2015 /CNW/ – Tricon Capital Group Inc. (“Tricon” or the “Company”) (TSX: TCN), a principal investor and asset manager focused on the residential real estate industry, is pleased to announce that it has received shareholder approval for all resolutions voted upon at its annual and special meeting of shareholders held on May 20, 2015 (the “Meeting”). In particular, all nominees listed in the Company’s information circular dated April 14, 2015 were elected as directors of the Company. The results of the voting for each nominee are as follows:
|
Nominee |
Votes For |
Votes Withheld |
||
|
Number |
% |
Number |
% |
|
|
David Berman |
51,683,986 |
93.40 |
3,652,519 |
6.60 |
|
Eric Duff Scott |
53,750,832 |
97.13 |
1,585,673 |
2.87 |
|
J. Michael Knowlton |
54,514,857 |
98.52 |
821,648 |
1.48 |
|
Peter D. Sacks |
54,514,358 |
98.51 |
822,147 |
1.49 |
|
Sian M. Matthews |
55,192,156 |
99.74 |
144,349 |
0.26 |
|
Gary Berman |
51,780,617 |
93.57 |
3,555,888 |
6.43 |
|
Geoff Matus |
54,358,898 |
98.23 |
977,607 |
1.77 |
In addition, Tricon reports that the appointment of PricewaterhouseCoopers LLP as Tricon’s auditors for the 2015 fiscal year and the resolution to fix the number of directors of the Company were passed by a majority of the votes represented at the Meeting.
About Tricon Capital Group Inc.
Tricon is a principal investor and asset manager focused on the residential real estate industry in North America with approximately $2.4 billion (C$3.0 billion) of assets under management. Tricon owns, or manages on behalf of third party investors, a portfolio of investments in land and homebuilding assets, single-family rental homes, and manufactured housing communities. Our business objective is to invest for investment income and capital appreciation through our Principal Investment business and to earn fee income through our Private Funds and Advisory business. Since its inception in 1988, Tricon has invested in real estate and development projects valued at approximately $15 billion. More information about Tricon is available at www.triconcapital.com.
SOURCE Tricon Capital Group Inc.
