/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED
STATES/
WINNIPEG, MB, June 30, 2020 /CNW/ - Boyd Group Services
Inc. (TSX: BYD) ("BGSI", "Boyd" or "the Boyd Group") today
announced that the nominees listed in the management proxy circular
dated May 25, 2020 were elected as
Directors of Boyd Group Services Inc. The detailed results of the
vote for the election of directors held at the Annual Meeting and
Special Meeting on Monday, June 29,
2020 in Winnipeg are set
out below.
Nominee
|
Votes For
|
% For
|
Votes
Withheld
|
% Withheld
|
Dave Brown
|
12,746,835
|
96.92%
|
404,913
|
3.08%
|
Brock
Bulbuck
|
12,743,603
|
96.90%
|
408,145
|
3.10%
|
Allan
Davis
|
12,414,666
|
94.40%
|
737,082
|
5.60%
|
Robert
Gross
|
12,839,873
|
97.63%
|
311,875
|
2.37%
|
John
Hartmann
|
13,148,753
|
99.98%
|
2,995
|
0.02%
|
Violet (Vi) A.M.
Konkle
|
13,036,351
|
99.12%
|
115,397
|
0.88%
|
Timothy
O'Day
|
13,149,657
|
99.98%
|
2,091
|
0.02%
|
William
Onuwa
|
13,148,245
|
99.97%
|
3,503
|
0.03%
|
Sally
Savoia
|
12,464,720
|
94.78%
|
687,028
|
5.22%
|
The final voting results on all matters voted upon at the Annual
Meeting and Special Meeting of Shareholders held on June 29, 2020 will be filed on SEDAR.
About Boyd Group Services Inc.
Boyd Group Services
Inc. is a Canadian corporation and controls The Boyd Group Inc. and
its subsidiaries. Boyd Group Services Inc. shares trade on the
Toronto Stock Exchange (TSX) under the symbol BYD. For more
information on The Boyd Group Inc. or Boyd Group Services Inc.,
please visit our website at http://www.boydgroup.com.
About The Boyd Group Inc.
The Boyd Group Inc. (the
"Company") is one of the largest operators of non-franchised
collision repair centres in North
America in terms of number of locations and sales. The
Company operates locations in Canada under the trade names Boyd Autobody
& Glass (http://www.boydautobody.com) and Assured Automotive
(http://www.assuredauto.ca) as well as in the U.S. under the trade
name Gerber Collision & Glass (http://www.gerbercollision.com).
In addition, the Company is a major retail auto glass operator in
the U.S. with operations under the trade names Gerber Collision
& Glass, Glass America, Auto Glass Service, Auto Glass
Authority and Autoglassonly.com. The Company also operates a third
party administrator, Gerber National Claims Services ("GNCS"), that
offers glass, emergency roadside and first notice of loss services.
For more information on The Boyd Group Inc. or Boyd Group Services
Inc., please visit our website at
(http://www.boydgroup.com).
Caution concerning forward-looking
statements
Statements made in this press release,
other than those concerning historical financial information, may
be forward-looking and therefore subject to various risks and
uncertainties. Some forward-looking statements may be identified by
words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar
variations. Readers are cautioned not to place undue reliance on
such statements, as actual results may differ materially from those
expressed or implied in such statements. Factors that could cause
results to vary include, but are not limited to: pandemic risk
& economic downturn; operational performance; acquisition risk;
employee relations and staffing; brand management and reputation;
market environment change; reliance on technology; foreign currency
risk; loss of key customers; decline in number of insurance claims;
margin pressure and sales mix changes; weather conditions and
climate change; competition; access to capital; dependence on key
personnel; tax position risk; corporate governance; increased
government regulation and tax risk; environmental, health and
safety risk; fluctuations in operating results and seasonality;
risk of litigation; execution on new strategies; insurance risk;
dividends not guaranteed; interest rates; U.S. health care costs
and workers compensation claims; low capture rates; supply chain
risk; capital expenditures; and energy costs and the BGSI's success
in anticipating and managing the foregoing risks.
We caution that the foregoing list of factors is not
exhaustive and that when reviewing our forward-looking statements,
investors and others should refer to the "Risk Factors" section of
BGSI's Annual Information Form, the "Risks and Uncertainties" and
other sections of our Management's Discussion and Analysis of
Operating Results and Financial Position and our other periodic
filings with Canadian securities regulatory authorities. All
forward-looking statements presented herein should be considered in
conjunction with such filings.
SOURCE Boyd Group Services Inc.