Magellan Aerospace Announces Report on Voting Results for Directors

MISSISSAUGA, ON, May 10, 2016 /CNW/ - Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the "Meeting") the proposed nominees for directors of the Corporation received the following votes:

Name of Proposed Nominee

Votes For

Percentage of
Votes For

Votes
Withheld

Percentage of
Votes
Withheld

N. Murray Edwards

50,068,400

99.80%

98,252

0.20%

Beth M. Budd Bandler

50,162,189

99.99%

4,463

0.01%

James S. Butyniec

50,005,960

99.68%

160,692

0.32%

William G. Davis

50,077,396

99.82%

89,256

0.18%

William A. Dimma

50,077,887

99.82%

88,765

0.18%

Bruce W. Gowan

50,080,490

99.83%

86,162

0.17%

Larry G. Moeller

50,031,165

99.73%

135,487

0.27%

Steven Somerville

50,098,859

99.86%

67,793

0.14%

Phillip C. Underwood

50,048,256

99.76%

118,396

0.24%

 

As a result, all of the above named nominees have been elected to hold office for the ensuing year, or until their successors are duly elected or appointed, subject to the provisions of the Business Corporations Act (Ontario) and by-laws of the Corporation.

About Magellan Aerospace

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. Magellan designs, engineers, and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Magellan is a public company whose shares trade on the Toronto Stock Exchange (TSX: MAL), with operating units throughout Canada, the United States, the United Kingdom, India, and Poland.

SOURCE Magellan Aerospace Corporation

For further information: Phillip C. Underwood, Chief Executive Officer, Magellan Aerospace Corporation, T : +1 (905) 677-1889, E: phil.underwood@magellan.aero; Elena M. Milantoni, Chief Financial Officer & Corporate Secretary, Magellan Aerospace Corporation, T: +1 905 677 1889, E: elena.milantoni@magellan.aero

RELATED LINKS
http://www.magellanaerospace.com

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