TORONTO, May 11, 2017 /CNW/ - Medical Facilities
Corporation (TSX: DR) ("Medical Facilities" or the "Corporation")
announced that the nominees listed in the management information
circular for the 2017 Annual and Special Meeting of Shareholders
(the "Meeting") held today in Toronto were elected as directors of the
Corporation.
Detailed results of the votes by proxy for the election of
directors held at the Meeting are set out below.
|
Nominee
|
Votes
For
|
% of Votes
For
|
Votes
Withheld
|
% of Votes
Withheld
|
|
David R.
Bellaire
|
10,032,488
|
98.82%
|
120,088
|
1.18%
|
|
Marilynne
Day-Linton
|
10,044,373
|
98.93%
|
108,203
|
1.07%
|
|
Stephen
Dineley
|
10,045,401
|
98.94%
|
107,175
|
1.06%
|
|
Irving R.
Gerstein
|
9,708,905
|
95.63%
|
443,671
|
4.37%
|
|
Dale Lawr
|
9,879,129
|
97.31%
|
273,447
|
2.69%
|
|
Jeffrey C.
Lozon
|
9,872,740
|
97.24%
|
279,836
|
2.76%
|
|
Britt T.
Reynolds
|
10,034,846
|
98.84%
|
117,730
|
1.16%
|
At the Meeting, the shareholders of the Corporation also
(i) approved the re-appointment of KPMG LLP as auditors of the
Corporation and authorized the board of directors of the
Corporation to fix their remuneration, with 99.15% of the votes in
favour; and (ii) approved and ratified the Corporation's stock
option plan and certain options granted thereunder, with 87.09% of
the votes in favour.
About Medical Facilities
Medical Facilities owns
controlling interests in five specialty surgical hospitals located
in Arkansas, Indiana, Oklahoma and South
Dakota, as well as an ambulatory surgery center in
California. The specialty
hospitals perform scheduled surgical, imaging, diagnostic and other
procedures, including primary and urgent care, and derive their
revenue from the fees charged for the use of their facilities. The
ambulatory surgery center specializes in outpatient surgical
procedures, with patient stays of less than 24 hours. In
addition, Medical Facilities owns controlling interest in a
diversified healthcare service company located in Oklahoma City that provides third-party
business solutions to healthcare entities such as physician
practices, facilities, and insurance companies. Medical Facilities
is structured so that a majority of its free cash flow from
operations is distributed to the holders of its common shares in
the form of dividends. For more information, please visit
www.medicalfacilitiescorp.ca.
SOURCE Medical Facilities Corporation