Source: Martinrea International Inc.
TORONTO, June 13, 2018 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX:MRE) (“Martinrea” or the “Company”), a leader in the development and production of quality metal parts, assemblies and modules and fluid management systems and complex aluminum products focused primarily on the automotive sector, announced today the results of the election of directors at its annual general meeting, which was held on June 12, 2018 (the “Meeting”).
Rob Wildeboer, the Company’s Executive Chairman stated: “We would like to thank our shareholders for their overwhelming show of support. We appreciate the support of every shareholder who voted. As a board, we will continue to do our best for the Company and our shareholders.”
The total number Common Shares of the Company represented in person or by proxy at the Meeting was 62,314,484, which represented 71.84% of the 86,745,834 Common Shares of the Company that were outstanding on May 8, 2018. Shareholders voted by a show of hands in favour of each item of business, including the election of each director nominee and the advisory vote on “say on pay”. Based on proxies received prior to the meeting and votes cast in person, shareholders voted in favour of all items of business, including the election of each director nominee by a substantial majority as follows:
Additionally, Martinrea’s advisory “say on pay” vote received 98.87% support based on proxies received prior to the meeting.
The common shares of Martinrea trade on The Toronto Stock Exchange under the symbol “MRE”.
For further information, please contact:
Martinrea International Inc.
3210 Langstaff Road
Vaughan, Ontario, L4K 5B2
Tel: (416) 749-0314
Fax: (289) 982-3001