Enercare Announces Results of 2016 Annual General Meeting

TORONTO, ON–(Marketwired – April 28, 2016) –  Enercare Inc. ("Enercare") (TSX: ECI) announced the results from its Annual General Meeting of shareholders held earlier today.

The board of directors of Enercare was pleased to receive the support of shareholders for the re-election of all of management's director nominees and the re-appointment of PricewaterhouseCoopers LLP as Enercare's external auditor for the ensuing year. 

A total of 47,002,108 of Enercare's common shares ("Shares") (representing approximately 53.43% of the issued and outstanding Shares as of the record date for the meeting) were represented in person or by proxy at the meeting. 

Enercare's existing nine directors were re-elected at the meeting by a resolution passed by a majority of the shareholders present or represented by proxy at the meeting, to hold office until the close of the next annual meeting of shareholders. The results of the vote are detailed below1:

Nominee Votes For Votes Withheld
  Number Percent (%) Number Percent (%)
Scott F. Boose 42,683,529 97.32 1,176,651 2.68
Lisa de Wilde 41,806,413 95.32 2,053,767 4.68
John A. Macdonald 42,347,226 96.55 1,512,954 3.45
Grace M. Palombo 41,994,722 95.75 1,865,458 4.25
Jim Pantelidis 41,543,833 94.72 2,3 16,347 5.28
Jerry Patava 41,853,180 95.42 2,007,000 4.58
Roy J. Pearce 42,026,273 95.82 1,833,907 4.18
Michael Rousseau 42,184,497 96.18 1,675,683 3.82
William M. Wells 41,935,681 95.61 1,924,499 4.39
         

PricewaterhouseCoopers LLP was reappointed as auditor of Enercare and the directors were authorized to fix their remuneration by a resolution passed by a majority of the shareholders present or represented by proxy at the meeting. The results of the vote are detailed below1:

Votes For Votes Withheld
Number Percent (%) Number Percent (%)
43,995,066 93.67 2,970,986 6.33

About Enercare

Enercare is headquartered in Toronto, Ontario and publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of Canada's largest home and commercial services and energy solutions companies with approximately 1,000 employees, Enercare provides water heaters, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services to more than 1.2 million customers. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apar tment suites in Ontario, Alberta and elsewhere in Canada, and through its Triacta division, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

Additional information regarding Enercare is available on SEDAR at www.sedar.com or through Enercare's investor relations website at www.enercareinc.com or www.enercare.ca

1 The results of the vote do not reflect the 36,056 Shares (representing approximately 0.04% of the issued and outstanding Shares as of the record date for the meeting) represented in person at the meeting.

Source: Enercare Inc.

 

For further information:

For further information, please contact:
Evelyn Sutherland
CFO
416.649.1860
esutherland@enercare.ca