Currently, the Company's articles and by-laws state that the Board shall have a minimum of eight and a maximum of nine directors. Given
Management of the Company recommends that shareholders vote FOR the approval of the Articles Amendment Resolution at the Meeting. As a special resolution, the Articles Amendment Resolution will be approved if a quorum is present at the Meeting and the votes cast in favour of the proposal constitute at least two-thirds (66 2/3%) of the total votes cast. The Company has been advised by the holders of its multiple voting shares that they intend to vote in favour of the Articles Amendment Resolution.
The Company has filed an amendment to the Circular to reflect the foregoing. Except as described above, the Circular remains unchanged from the version that was mailed to shareholders of the Company and filed on SEDAR. Shareholders are urged to read the Circular, as amended, for additional details relating to the Meeting and voting procedures.
The Meeting will be held on
As set out in the form of proxy and the Circular, duly appointed proxyholders have discretionary authority to vote for and on behalf of the shareholder in respect of amendments or variations to matters identified in the Company's notice of meeting and Circular or other matters that may properly come before the Meeting or any adjournment or postponement thereof, unless prohibited by law. If a registered shareholder has already deposited a form of proxy and appointed as proxyholders the management nominees set out in the form of proxy, those proxies will be voted by the management nominees FOR the Articles Amendment Resolution. Accordingly, Recipe shareholders who have already deposited forms of proxy or voting instruction forms, as applicable, are not required to take any further action unless such shareholders wish to appoint a different proxyholder, revise their prior voting instructions and/or revoke their proxy in accordance with the instructions set out in the Circular.
If you are not sure whether you are a registered shareholder or a non-registered shareholder or, for additional information regarding submissions of forms of proxy and voting instruction forms before the meeting, voting deadline, revocation of proxies and other general proxy matters, please see the Circular or contact your intermediary and/or our transfer agent,
Phone: 1-800-564-6253 (toll-free in
514-982-7555 (from outside
Fax: 1-888-453-0330 (toll-free in
514-982-7635 (from outside
Mail:
E-mail: Service@Computershare.com
Certain statements in this press release may constitute "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "continue" or other similar expressions concerning matters that are not historical facts.
Forward-looking information contained in this press release is based on our current expectations which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as required by applicable securities laws.
Founded in 1883,
Recipe's iconic brands have established the organization as a nationally recognized franchisor of choice. As at
SOURCE
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