A&W Revenue Royalties Income Fund Announces Voting Results From the Annual General Meeting

TRADING SYMBOL: The Toronto Stock Exchange - AW.UN

VANCOUVER, May 4, 2016 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)

Voting Results
The following are the voting results from the annual general meeting of Unitholders of A&W Revenue Royalties Fund held on May 3, 2016. 

Election of Trustees
Mr. John McLernon, Mr. Hugh Smythe and Mr. Richard McKerracher were re-elected as Trustees for a term expiring at the close of the next annual meeting of Unitholders.

The election of Trustees was conducted by show of hands.  In accordance with the requirements of the Toronto Stock Exchange, the following table reflects the votes represented by proxy that would have been withheld from each Trustee nominee had a ballot been called, as a percentage of votes represented at the meeting:

Nominee

Votes Represented at the Meeting

Votes Withheld by Proxy

% Withheld by Proxy

John McLernon

4,617,233

15,398

0.33%

Hugh Smythe

4,617,233

16,300

0.35%

Richard McKerracher

4,617,233

15,823

0.34%

Appointment of Auditors
PricewaterhouseCoopers LLP was re-appointed as auditor of the Fund and the Trustees are authorized to fix the remuneration to be paid to the auditor.

About the Fund
Launched on February 15, 2002, the Fund, through its investment in A&W Trade Marks Inc., is entitled to receive royalties from A&W Food Services of Canada Inc. in the amount of 3% of the sales of the 838 A&W restaurants in the Royalty Pool. Cash distributions are paid monthly. A&W is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken® and A&W Root Beer®.

Additional information relating to the Fund is on SEDAR at www.sedar.com and on the Fund's website at www.awincomefund.ca.  

SOURCE A&W Revenue Royalties Income Fund

For further information: Don Leslie, Chief Financial Officer, 604-988-2141, Email: investorrelations@aw.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890