Tricon Announces Director Election Results of its 2013 Shareholder Meeting

TORONTO, May 15, 2013 /CNW/ - Tricon Capital Group Inc. (TSX: TCN, TCN.DB, TCN.DB.A) ("Tricon" or the "Company") is pleased to announce that all of the nominees listed in its information circular dated April 16, 2013 were elected as directors of Tricon at its annual and special meeting of shareholders held on May 14, 2013 (the "Meeting").  The results of the voting for each nominee are as follows:

Nominee Votes For Votes Withheld
No. % No. %
David Berman 29,525,442 99.990 3,050 0.010
Geoffrey Matus 29,420,042 99.633 108,450 0.367
Eric Duff Scott 25,530,717 86.461 3,997,775 13.539
J. Michael Knowlton 29,507,066 99.927 21,426 0.073
Aida Tammer 29,507,066 99.927 21,426 0.073

In addition, Tricon reports that the appointment of PricewaterhouseCoopers LLP as Tricon's auditors for the 2013 fiscal year, the confirmation of the adoption of an amendment to Tricon's Bylaws and the reconfirmation of Tricon's Shareholder Rights Plan were passed by a majority of the votes represented at the Meeting.

About Tricon Capital Group Inc.

Founded in 1988, Tricon is one of North America's leading residential real estate investment companies with approximately $1.2 billion of third-party assets under management and a portfolio of nearly 2,000 U.S. single-family rental homes. Tricon provides financing to local operators or developers in select markets in the United States and Canada, with a primary focus on for-sale housing in growing markets. Since inception, Tricon has invested in approximately 150 transactions for development projects valued at more than $10 billion. More information about Tricon is available at www.triconcapital.com.

SOURCE: Tricon Capital Group Inc.

For further information:

June Alikhan
Chief Financial Officer
Tel: 416-928-4116
Email: jalikhan@triconcapital.com

Gary Berman
President
Tel: 416-928-4122
Email: gberman@triconcapital.com


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