Medical Facilities Corporation Announces Election of Directors
TORONTO, May 15, 2014 /CNW/ - Medical Facilities Corporation (TSX: DR) ("Medical Facilities" or the "Corporation") announced that the nominees listed in the management proxy circular for the 2014 Annual Meeting of Shareholders were elected as directors of the Corporation. Detailed results of the votes by proxy for the election of directors held at the Annual Meeting of Shareholders today in Toronto are set out below.
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|David R. Bellaire||12,413,345||99.50%||62,239||0.50%|
|Gil Faclier, M.D.||11,615,805||93.11%||859,779||6.89%|
|Irving R. Gerstein||12,385,729||99.28%||89,855||0.72%|
|John T. Perri||12,389,384||99.31%||86,200||0.69%|
|Donald Schellpfeffer, M.D.||12,400,941||99.40%||74,643||0.60%|
About Medical Facilities
Medical Facilities owns controlling interests in five specialty surgical hospitals located in South Dakota, Arkansas and Oklahoma, 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. Medical Facilities is structured so that a majority of its available 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 CorporationFor further information:
Chief Financial Officer
Medical Facilities Corp.
(416) 848-7380 or 1-877-402-7162
(416) 815-0700 or 1-800-385-5451 ext. 258