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CI Financial announces election of directors and results of annual and special meeting of shareholders

TSX Symbol: CIX

TORONTO , April 21, 2017 /CNW/ - CI Financial Corp. (the "Corporation") announced the results of matters voted upon at its annual and special meeting of shareholders held April 20, 2017 . Shareholders holding an aggregate of 176,118,431 common shares (66.51% of outstanding shares) were present or represented by proxy at the meeting. 

All nominated directors were elected with voting results tabulated as follows:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Peter W. Anderson

174,859,619

99.50%

887,443

0.50%

Sonia A. Baxendale

175,563,031

99.90%

184,031

0.10%

Paul W. Derksen

174,447,367

99.26%

1,299,695

0.74%

William T. Holland

173,203,946

98.55%

2,543,116

1.45%

David P. Miller

174,855,428

99.49%

891,634

0.51%

Stephen T. Moore

175,597,521

99.91%

149,541

0.09%

Tom P. Muir

174,991,578

99.57%

755,484

0.43%

 

At the meeting, shareholders also voted: (i) to approve the appointment of Ernst & Young LLP as the auditors of the Corporation; (ii) to ratify and approve the adoption of the Corporation's Restricted Share Unit Plan, together with the grant of Restricted Share Units made under the plan prior to the Meeting; (iii) to confirm the adoption of By-Law No. 2 of the Corporation to increase the quorum requirement for meetings of shareholders to two persons representing not less than 25% of the outstanding shares of the Corporation entitled to vote at the meeting; and (iv) to accept the approach to executive compensation disclosed in the Management Information Circular of the Corporation dated March 1, 2017 .

Details of each of these matters are set out in the Management Information. A report of voting results for each resolution presented at the Meeting prepared in accordance with National Instrument 51-102 has been filed under the Corporation's profile on SEDAR at www.sedar.com.

CI Financial Corp. (CIX.TO) is an independent, Canadian-owned wealth management company with approximately $160.5 billion in assets as of March 31, 2017 . Its primary operating businesses are CI Investments Inc., one of Canada's largest investment managers, advisory businesses Assante Wealth Management and Stonegate Private Counsel, and First Asset Capital Corp., a leader in providing actively managed exchange-traded funds to the Canadian marketplace. CI is on the Web at www.cifinancial.com.

SOURCE CI Financial Corp.


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