CCL Industries Announces 2018 Annual and Special S
Post# of 301275
TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- CCL Industries Inc. (TSX:CCL.A) (TSX:CCL.B) (“the Company”), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced voting results from its 2018 Annual and Special Meeting of Shareholders held May 8, 2018 (the “Meeting”). A total of 11,233,435 Class A voting shares representing 94.91% of the Company’s issued and outstanding Class A voting shares, were voted in connection with the Meeting. All matters put forth at the Meeting, including the election of ten (10) directors, the appointment of auditors and authorization of the directors to fix the remuneration of such auditors, the 2017-2025 Long-Term Retention Plan of the Company (“the Plan”), the reservation of 259,676 Class B non-voting shares from treasury under the Plan and the ratification of 259,676 Restricted Stock Units previously granted and currently outstanding under the Plan were approved as detailed in the Company’s filing on www.sedar.com .
Each of the director nominees proposed by the Company in its Management Proxy Circular dated March 16, 2018 was elected as a director of CCL Industries Inc. as follows:
Nominee | Votes For | Votes Withheld | ||
Vincent J. Galifi | 11,231,810 | 50 | ||
Edward E. Guillet | 11,231,860 | 0 | ||
Kathleen L. Keller-Hobson | 11,231,860 | 0 | ||
Donald G. Lang | 11,231,043 | 817 | ||
Erin M. Lang | 11,231,810 | 50 | ||
Stuart W. Lang | 11,231,810 | 50 | ||
Geoffrey T. Martin | 11,231,860 | 0 | ||
Douglas W. Muzyka | 11,231,860 | 0 | ||
Thomas C. Peddie | 11,231,860 | 0 | ||
Mandy Shapansky | 11,231,860 | 0 |
Business Description
CCL Industries Inc. employs approximately 20,000 people operating 167 production facilities in 39 countries with corporate offices in Toronto, Canada, and Framingham, Massachusetts. CCL is the world’s largest converter of pressure sensitive and specialty extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, healthcare & chemicals, consumer electronic device and automotive markets. Extruded & laminated plastic tubes, aluminum aerosols & specialty bottles, folded instructional leaflets, precision decorated & die cut components, electronic displays, polymer bank note substrate and other complementary products and services are sold in parallel to specific end-use markets. Avery is the world’s largest supplier of labels, specialty converted media and software solutions for short-run digital printing applications for businesses and consumers available alongside complementary products sold through distributors, mass market stores and e-commerce retailers. Checkpoint is a leading developer of RF and RFID based technology systems for loss prevention and inventory management applications, including labeling and tagging solutions, for the retail and apparel industries worldwide. Innovia is a leading global producer of specialty, high performance, multi-layer, surface engineered films for label, packaging and security applications. The Company is partly backward integrated into materials science with capabilities in polymer extrusion, adhesive development, coating & lamination, surface engineering and metallurgy; deployed as needed across the four business segments.
For more information on CCL, visit our website - www.cclind.com or contact:
Sean Washchuk Senior Vice President and Chief Financial Officer 416-756-8526