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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VAUGHAN, ON, May 9, 2016 /CNW/ - Cara Operations Limited is pleased to announce the results of the vote on Directors at its May 6, 2016 Annual Shareholders' Meeting.
Each of the nominee directors listed in the Corporation's management proxy circular dated March 24, 2016 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the six directors nominated for election, directing as set forth in the table below:
|
Name of Nominee |
Vote For |
% |
Withhold |
% |
Vote For |
% |
Withhold |
% |
|
William D. Gregson |
866,573,225 |
99.66 |
2,931,881 |
0.34 |
6,666,125 |
69.45 |
2,931,881 |
30.55 |
|
Stephen K. Gunn |
869,502,029 |
100 |
3,077 |
0 |
9,594,929 |
99.97 |
3,077 |
0.03 |
|
Christopher D. Hodgson |
868,835,074 |
99.2 |
670,032 |
0.08 |
8,927,974 |
93.02 |
670,032 |
6.98 |
|
Michael J. Norris |
869,501,429 |
100 |
3,677 |
0 |
9,594,329 |
99.96 |
3,677 |
0.04 |
|
John A. Rothschild |
866,446,390 |
99.65 |
3,058,716 |
0.35 |
6,539,290 |
68.13 |
3,058,716 |
31.87 |
|
Sean Regan |
866,446,390 |
99.65 |
3,058,716 |
0.35 |
6,539,290 |
68.13 |
3,058,716 |
31.87 |
About CARA
Founded in 1883, Cara is Canada's oldest and largest full-service restaurant company. The Company franchises and/or operates some of the most recognized brands in the country including Swiss Chalet, Harvey's, Milestones, Montana's, Kelsey's, East Side Mario's, Casey's, New York Fries, Prime Pubs, Bier Markt and Landing restaurants. As at March 27, 2016, Cara had 997 restaurants, 959 of which were located in Canada and the remaining 38 locations were located internationally. 88% of Cara's restaurants are operated by franchisees and 66% of Cara's locations are based in Ontario. Cara's shares trade on the Toronto Stock Exchange under the ticker symbol CAO. More information about the Company is available at www.cara.com.
SOURCE Cara Operations Limited
