Wajax announces election of directors

TSX Symbol:  WJX

TORONTO, May 9, 2014 /CNW/ - Wajax Corporation ("Wajax" or the "Corporation") announced that the nominees listed in the Corporation's management proxy circular dated March 4, 2014 were elected as directors of Wajax.  The detailed results of the vote for the election of directors held at the Annual and Special Meeting of Shareholders of the Corporation held on May 6, 2014 in Toronto are set out below.

On a vote conducted by ballot, each of the following nine nominees proposed by management was elected as a director of Wajax:

Nominee         Votes For       % Votes For       Votes Withheld       % Votes Withheld
Edward M. Barrett         7,392,570       98.81%       89,187       1.19%
Ian A. Bourne         7,390,304       98.78%       91,453       1.22%
Douglas A. Carty         6,903,118       92.27%       578,639       7.73%
Robert P. Dexter         7,172,999       95.87%       308,758       4.13%
John C. Eby         7,140,838       95.44%       340,919       4.56%
A. Mark Foote         7,446,429       99.53%       35,328       0.47%
Paul E. Gagné         7,429,899       99.31%       51,858       0.69%
James D. Hole         7,339,512       98.10%       142,245       1.90%
Alexander S. Taylor         7,230,142       96.64%       251,615       3.36%

Wajax Corporation

Wajax is a leading Canadian distributor engaged in the sale, rental and after-sale parts and service support of equipment, power systems and industrial components, through a network of 124 branches across Canada.  The Corporation is a multi-line distributor and represents a number of leading worldwide manufacturers across its core businesses.  Its customer base is diversified, spanning natural resources, construction, transportation, manufacturing, industrial processing and utilities. 

SOURCE Wajax Corporation

For further information:

Mark Foote, President and Chief Executive Officer
Email: mfoote@wajax.com

John Hamilton, Chief Financial Officer
Email: jhamilton@wajax.com

Telephone #:  (905) 212-3300