Close

Parkland Fuel Corporation Announces the Results of the 2016 Annual General Meeting of Shareholders

May 13, 2016 4:12 PM EDT

RED DEER, AB -- (Marketwired) -- 05/13/16 -- Parkland Fuel Corporation ("Parkland") (TSX: PKI), Canada's largest independent marketer of fuel and petroleum products, announced that all nine of the nominees listed in its management information circular dated April 1, 2016 (the "Information Circular") were elected as directors of the Corporation and PricewaterhouseCoopers LLP was repointed as Parkland's auditor at its annual general meeting of shareholders held today (the "Meeting"). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:

Resolution 1

Election of directors of Parkland for the ensuing year.

                                                                            
----------------------------------------------------------------------------
                                                     Votes                  
      Nominee          Votes For       %For        Withheld      %Withheld  
----------------------------------------------------------------------------
John F. Bechtold       51,694,081      99.14%       448,545        0.86%    
----------------------------------------------------------------------------
Lisa Colnett           50,085,894      96.06%      2,056,732       3.94%    
----------------------------------------------------------------------------
Robert Espey           50,389,247      96.64%      1,753,379       3.36%    
----------------------------------------------------------------------------
Timothy Hogarth        40,546,896      77.76%      11,595,730      22.24%   
----------------------------------------------------------------------------
Jim Pantelidis         49,152,685      94.27%      2,989,941       5.73%    
----------------------------------------------------------------------------
Ron Rogers             51,662,401      99.08%       480,225        0.92%    
----------------------------------------------------------------------------
Domenic Pilla          51,703,967      99.16%       438,659        0.84%    
----------------------------------------------------------------------------
David A. Spencer       39,901,626      76.52%      12,241,000      23.48%   
----------------------------------------------------------------------------
Deborah Stein          52,072,460      99.87%        70,166        0.13%    
----------------------------------------------------------------------------
                                                                            

Resolution 2

The appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2016.

                                                                            
----------------------------------------------------------------------------
Votes For                        51,311,814                  98.41%         
----------------------------------------------------------------------------
Votes Withheld                    830,812                    1.59%          
----------------------------------------------------------------------------
Total                            52,142,626                                 
----------------------------------------------------------------------------
                                                                            

Resolution 3

The approval, on a non-binding and advisory basis, of Parkland's approach to executive compensation as more particularly set forth and described in the Information Circular.

                                                                            
----------------------------------------------------------------------------
Votes For                        48,731,147                  93.64%         
----------------------------------------------------------------------------
Votes Against                    3,309,312                   6.36%          
----------------------------------------------------------------------------
Total                            52,040,459                                 
----------------------------------------------------------------------------
                                                                            

Voting results for all matters have been posted on SEDAR.

ABOUT PARKLAND FUEL CORPORATION

Parkland Fuel Corporation is one of North America's fastest growing independent marketers of fuel and petroleum products. We deliver gasoline, diesel, propane, lubricants, heating oil and other high-quality petroleum products to motorists, businesses, households and wholesale customers in Canada and the United States. Our mission is to be the partner of choice for our customers and suppliers, and we do this by building lasting relationships through outstanding service, reliability, safety and professionalism.

We are unique in our ability to provide customers with dependable access to fuel and petroleum products, utilizing a portfolio of supply relationships, storage infrastructure, and third party rail and highway carriers to rapidly respond to supply disruptions in order to protect our customers.

To sign up for Parkland new alerts please go to http://bit.ly/PKI-Alert or visit www.parkland.ca.

   FOR FURTHER INFORMATION, PLEASE CONTACT:Investor InquiriesPatricia van de SandeVice President Investor & Government Relations & Compliance403-567-2519 Email contact Media InquiriesElizabeth WilcoxManager Corporate Communications403-567-2578Email contact

Source: Parkland Fuel Corporation



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases