TORONTO, May 11, 2018 /CNW/ - Medical Facilities
Corporation (TSX: DR) ("Medical Facilities" or the "Corporation")
announced that the nominees listed in the management information
circular for the 2018 Annual General Meeting of Shareholders (the
"Meeting") held on May 10, 2018 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
|
6,096,850
|
98.48%
|
94,407
|
1.52%
|
|
Marilynne
Day-Linton
|
6,108,708
|
98.67%
|
82,549
|
1.33%
|
|
Stephen
Dineley
|
6,094,700
|
98.44%
|
96,557
|
1.56%
|
|
Irving R.
Gerstein
|
6,027,010
|
97.35%
|
164,247
|
2.65%
|
|
Robert O.
Horrar
|
6,115,400
|
98.77%
|
75,857
|
1.23%
|
|
Dale Lawr
|
6,105,907
|
98.62%
|
85,350
|
1.38%
|
|
Jeffrey C.
Lozon
|
6,056,878
|
97.83%
|
134,379
|
2.17%
|
|
Reza
Shahim
|
6,087,146
|
98.32%
|
104,111
|
1.68%
|
At the Meeting, the shareholders of the Corporation also
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 98.62% of the votes in
favour.
About Medical Facilities
Medical Facilities, in
partnership with physicians, owns surgical facilities in
the United States. Medical
Facilities' portfolio includes controlling interest in five
specialty surgical hospitals located in Arkansas, Indiana, Oklahoma, and South
Dakota, and an ambulatory surgery center located in
California. In addition, through a
partnership with NueHealth LLC, Medical Facilities owns majority
interest in seven ambulatory surgery centers located in
Arkansas, Michigan, Missouri, Nebraska, Ohio, Oregon,
and Pennsylvania. The specialty
surgical 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 centers specialize in outpatient
surgical procedures, with patient stays of less than 24 hours.
In addition, Medical Facilities owns a 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