At Second Cup, we know that in order to provide the best coffee for our Guests, we must continue to work in harmony with both the environment and people who provide us with the best quality coffee beans. To both our Guests and coffee producers, we pledge that our coffee growing environment is treated with the utmost respect and dignity. All of our coffee producers provide a safe and healthy work environment and employees are compensated in a fair and equitable manner. As well, Second Cup continues to provide financial remuneration for quality beans to directly benefit the farmers, workers and mills. This is our promise.
The Second Cup Ltd. Reports Voting Results of 2019 Annual General Meeting of Shareholders
May 10, 2019
5:14pm
MISSISSAUGA, ON, May 10, 2019 /CNW/ - The Second Cup Ltd. ("Second Cup" or the "Corporation") (TSX: SCU) announced today the voting results from its annual general meeting held in Mississauga, Ontario on May 10, 2019. The total number of shares represented by shareholders present in person and by proxy at the meeting was 7,186,627 representing 36.15% of the Corporation's issued and outstanding common shares.
Shareholders voted in favour of all items of business before the meeting, including the election of each of the eight director nominees as follows:
Nominee | # Votes for | % Votes for | # Votes withheld | % Votes withheld |
Garry Macdonald | 6,651,809 | 95.35% | 324,651 | 4.65% |
Michael Bregman | 6,420,216 | 92.03% | 556,244 | 7.97% |
Melinda Lee | 6,954,109 | 99.68% | 22,351 | 0.32% |
Alton McEwen | 6,718,416 | 96.30% | 258,044 | 3.70% |
Alan Simpson | 6,717,396 | 96.29% | 259,064 | 3.71% |
Paul W. Phelan | 6,655,821 | 95.40% | 320,639 | 4.60% |
Michael Serruya | 6,955,741 | 99.70% | 20,719 | 0.30% |
Aaron Serruya | 6,950,741 | 99.63% | 25,719 | 0.37% |
About Second Cup Coffee Co.™
Founded in 1975, The Second Cup Ltd. is a Canadian specialty coffee retailer operating franchised and company-owned cafés across Canada. The company's vision is to be the Canadian specialty coffee brand of choice across Canada, committed to superior quality, innovation and profitable growth. For more information, please visit www.secondcup.com or find the company on Facebook and Twitter.
SOURCE The Second Cup Ltd.
For further information: Ba Linh Le, Chief Financial Officer, (905) 362-1827 or investor@secondcup.com. Additional information regarding Second Cup including required securities filings are available on our website at www.secondcup.com and on the Canadian Securities Administrators' website at www.sedar.com; the System for Electronic Document Analysis and Retrieval ("SEDAR").