John Hancock Bank and Thrift Opportunity Fund Results of Annual Shareholder Meeting
May 20 2009 - 4:50PM
PR Newswire (US)
BOSTON, May 20 /PRNewswire-FirstCall/ -- At an adjourned session of
their annual meeting on May 18, 2009, shareholders of John Hancock
Bank and Thrift Opportunity Fund (NYSE:BTO), elected Deborah C.
Jackson, Charles L. Ladner, Stanley Martin, John A. Moore, Gregory
A. Russo and John G. Vrysen to serve as Trustees of the fund. Ms.
Jackson will serve as a Trustee of the fund until the next annual
shareholder meeting in 2010; Mr. Russo will serve until the annual
shareholder meeting in 2011; and each of Messrs. Ladner, Martin,
Moore and Vrysen will serve until the annual shareholder meeting in
2012. Shareholders of the fund also approved a new form of
investment advisory agreement with the fund's adviser, John Hancock
Advisers, LLC. The new form of investment advisory agreement will
not result in any change in the fund's advisory fee rate or the
level or quality of advisory services provided to the fund. About
John Hancock Funds The Boston-based mutual fund business unit of
John Hancock Financial, John Hancock Funds manages more than $35.8
billion in open-end funds, closed-end funds, private accounts,
retirement plans and related party assets for individual and
institutional investors at March 31, 2009. About John Hancock
Financial and Manulife Financial Corporation John Hancock Financial
is a unit of Manulife Financial Corporation (the Company), a
leading Canadian-based financial services group serving millions of
customers in 19 countries and territories worldwide. Operating as
Manulife Financial in Canada and in most of Asia, and primarily as
John Hancock in the United States, the Company offers clients a
diverse range of financial protection products and wealth
management services through its extensive network of employees,
agents and distribution partners. Funds under management by
Manulife Financial and its subsidiaries were Cdn$405 billion
(US$322 billion) at March 31, 2009. Manulife Financial Corporation
trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the
SEHK. Manulife Financial can be found on the Internet at
http://www.manulife.com/. The John Hancock unit, through its
insurance companies, comprises one of the largest life insurers in
the United States. John Hancock offers a broad range of financial
products and services, including life insurance, fixed and variable
annuities, fixed products, mutual funds, 401(k) plans, long-term
care insurance, college savings, and other forms of business
insurance. Additional information about John Hancock may be found
at http://www.johnhancock.com/. DATASOURCE: John Hancock Bank and
Thrift Opportunity Fund CONTACT: Media, Kelly Stevens of John
Hancock Financial, +1-617-663-2422, Investors, +1-800-843-0090 Web
Site: http://www.johnhancock.com/
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