Superior Plus : Reports Voting Results of Annual Meeting of Shareholders
May 03, 2017 at 05:13 pm
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TORONTO, ONTARIO--(Marketwired - May 3, 2017) - Superior Plus Corp. ("Superior" or the "Corporation") (TSX:SPB) held its annual meeting of shareholders on May 2, 2017 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 77,428,539 common shares ("Common Shares") of the Corporation, representing approximately 54.21% of Common Shares, were represented in person or by proxy at the Meeting.
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
Number
Percentage
Number
Percentage
Catherine (Kay) M. Best
70,671,724
91.94
6,198,767
8.06
Eugene V.N. Bissell
76,587,068
99.63
283,423
0.37
Richard C. Bradeen
76,671,160
99.74
199,331
0.26
Luc Desjardins
75,939,844
98.79
930,647
1.21
Randall J. Findlay
75,713,449
98.49
1,157,042
1.51
Mary B. Jordan
76,567,245
99.61
303,246
0.39
Walentin (Val) Mirosh
76,542,121
99.57
328,370
0.43
Douglas J. Harrison
75,919,921
98.76
950,570
1.24
David P. Smith
74,351,692
96.72
2,518,799
3.28
Shareholders also approved a non-binding advisory vote regarding the Corporation's approach to executive compensation by a margin of 93.78% of the Common Shares voted in person or by proxy at the Meeting. In addition, Shareholders approved a resolution appointing Deloitte LLP as the Corporation's auditors by a margin of 96.80% of the Common Shares, voted in person or by proxy at the Meeting.
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.
Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Certarus Ltd. The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California to residential and commercial customers. The Canadian Propane segment includes the Canadian retail propane distribution business and the wholesale natural gas liquid marketing businesses. The Wholesale Propane segment is a distributor and marketer of propane gas and other natural gas liquids.