Russel Metals Announces 2017 Annual Meeting Voting Results

TORONTO, May 3, 2017 /CNW/ - Russel Metals Inc. (RUS - TSX) announced voting results from its 2017 annual meeting of shareholders held on May 3, 2017.  A total of 33,775,723 common shares were represented at the meeting in person or by proxy, representing 54.66% of the 61,792,194 issued and outstanding common shares as of the record date on March 20, 2017.

Shareholders voted in favour of the election of each nominee director by a substantial majority as follows:


Nominee


Votes For


Percentage For

Votes
Withheld

Percentage
Withheld

Alain Benedetti

33,271,351

99.57 %

142,037

0.43 %

John M. Clark

33,241,137

99.48 %

172,251

0.52 %

James F. Dinning

32,285,014

96.62 %

1,128,374

3.38 %

John A. Hanna

33,263,292

99.55 %

150,096

0.45 %

Brian R. Hedges

33,321,030

99.72 %

92,358

0.28 %

Barbara S. Jeremiah

33,289,041

99.63 %

124,347

0.37 %

Alice D. Laberge

32,341,436

96.79 %

1,071,952

3.21 %

Lise Lachapelle

32,244,359

96.50 %

1,169,029

3.50 %

William M.O'Reilly

33,303,703

99.67 %

109,685

0.33 %

John R. Tulloch

33,312,690

99.70 %

100,698

0.30 %

 

The Company's advisory "say on pay" resolution was overwhelmingly approved with 97.30% of the votes cast in favour of the resolution.  In addition the resolution appointing Deloitte LLP as auditors of the Company was approved.

Russel Metals is one of the largest metals distribution companies in North America.  It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Alberta Industrial Metals, Apex Distribution, Apex Monarch, Apex Remington, Apex Western Fiberglass, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Processing, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Energy Tubulars, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.

If you would like to unsubscribe from receiving Press Releases, you may do so by emailing info@russelmetals.com; or by calling our Investor Relations Line: 905-816-5178.

SOURCE Russel Metals Inc.

For further information: Sherri Mooser, Assistant Secretary, Russel Metals Inc., (905) 819-7419, E-mail: info@russelmetals.com, Web site: www.russelmetals.com

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