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AW.UN A and W Revenue Royalties Income Fund

28.75
0.24 (0.84%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
A and W Revenue Royalties Income Fund TSX:AW.UN Toronto Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.24 0.84% 28.75 28.75 28.94 28.82 28.45 28.67 31,209 21:10:15

A&W Revenue Royalties Income Fund Announces Voting Results from the Annual General Meeting

29/04/2015 3:27pm

PR Newswire (Canada)


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TRADING SYMBOL:  The Toronto Stock Exchange – AW.UN  

VANCOUVER, April 29, 2015  /CNW/ -

Voting Results
The following are the voting results from the annual general meeting of Unitholders of A&W Revenue Royalties Fund held on April 28, 2015. 

Election of Trustees
Mr. John McLernon, Mr. Hugh Smythe and Mr. Richard McKerracher were re-elected as Trustees for a term expiring at the close of the next annual meeting of Unitholders.

The election of Trustees was conducted by show of hands. In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the votes represented by proxy that would have been withheld from each Trustee nominee had a ballot been called, as a percentage of votes represented at the meeting:

Nominee

Votes

Represented

at the

Meeting

Votes

Withheld by

Proxy

% Withheld

by Proxy

John McLernon

4,064,462

43,192

1.06%

Hugh Smythe

4,064,462

48,294

1.19%

Richard McKerracher

4,064,462

41,097

1.01%

Appointment of Auditors
PricewaterhouseCoopers LLP was re-appointed as auditor of the Fund and the Trustees are authorized to fix the remuneration to be paid to the auditor.

About the Fund
Launched on February 15, 2002, the Fund, through its investment in A&W Trade Marks Inc., is entitled to receive royalties from A&W Food Services of Canada Inc. in the amount of 3% of the sales of the 814 A&W restaurants in the Royalty Pool. Cash distributions are paid monthly. A&W is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken® and A&W Root Beer®.

Additional information relating to the Fund is on SEDAR at www.sedar.com and on the Fund's website at www.awincomefund.ca.

SOURCE A&W Revenue Royalties Income Fund

Copyright 2015 Canada NewsWire

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