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AutoCanada Inc. Announces Voting Results

May 11, 2015 | AutoCanada

EDMONTONMay 11, 2015 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX:ACQ) is pleased to announce that all resolutions were passed at its Annual and Special Meeting. A total of approximately 14,079,888 common shares (representing 57.45% of the issued and outstanding common shares) were represented in person or by proxy at the meeting. On a vote conducted by ballot regarding the election of directors, it was declared that the following nominees were duly elected as directors of the Company for the ensuring year or until their successors are duly elected or appointed.

Nominee

Votes For

% For

Votes Withheld

% Withheld

Gordon R. Barefoot

10,266,347

72.9%

3,813,541

27.1%

Michael H. Ross

10,256,342

72.8%

3,823,546

27.2%

Dennis DesRosiers

11,538,253

82.0%

2,541,635

18.0%

Barry L. James

11,547,305

82.0%

2,532,583

18.0%

Maryann N. Keller

11,518,182

81.8%

2,561,706

18.2%

Patrick J. Priestner

13,889,290

98.7%

190,598

1.3%

Thomas L. Orysiuk

14,017,100

99.6%

62,788

0.4%

About AutoCanada

AutoCanada is one of Canada's largest multi-location automobile dealership groups, currently operating 49 franchised dealerships, comprised of 57 franchises, in eight provinces and has over 3,400 employees. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Mitsubishi, Audi, Volkswagen, Kia, BMW and MINI branded vehicles.  In 2014, our dealerships sold approximately 57,000 vehicles and processed approximately 786,000 service and collision repair orders in our 822 service bays.

Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.

SOURCE AutoCanada Inc.

For further information: Christopher Burrows, Vice-President & Chief Financial Officer, Phone: 780.509.2808, Email: cburrows@autocan.ca