STELLARTON, NS, Sept. 14, 2017 /CNW/ - Empire Company Limited
("Empire" or the "Company") (TSX: EMP.A) announced the voting
results for the election of its directors at its Annual General
Meeting held today at Cineplex Cinemas, 612 East River Road,
New Glasgow, Nova Scotia.
There were 98,138,079 Class B shares (100% of outstanding Class
B shares) represented by proxy at the Meeting and 100% of the Class
B shares were voted in favour of each director nominee, and no
Class B shares were withheld from voting on any nominee.
In addition to the election of directors, the Class B
shareholders also voted on fixing the maximum number of directors
at 18, on the remuneration of directors, on the appointment of
PricewaterhouseCoopers LLP as auditors for fiscal 2018 and to
authorize the Board of Directors to fix the auditors' remuneration.
100% of the Class B shares were voted in favour of these
motions.
The advisory resolution on the Company's approach to executive
compensation was voted on by both Non-Voting Class A and Class B
shareholders. There were 116,231,968 Non-Voting Class A shares
(67.0% of the Non-Voting Class A shares outstanding) represented by
proxy at the meeting of which 86.3% were voted in favour of the
motion. 100% of the Class B shares were voted in favour of the
advisory resolution.
ABOUT EMPIRE
Empire Company Limited (TSX: EMP.A) is a Canadian company
headquartered in Stellarton, Nova
Scotia. Empire's key businesses are food retailing and related
real estate. With approximately $23.9
billion in annualized sales and $8.7
billion in assets, Empire and its subsidiaries, franchisees
and affiliates employ approximately 125,000 people.
Additional financial information relating to Empire, including
the Company's Annual Information Form, can be found on the
Company's website at www.empireco.ca or at www.sedar.com.
SOURCE Empire Company Limited