Fortis Inc. Announces Voting Results for the Election of Directors
May 09 2013 - 3:57PM
Marketwired Canada
Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) announces that the
nominees listed in the Corporation's Notice to Shareholders and Management
Information Circular dated 21 March 2013 were elected as Directors of Fortis at
the Corporation's Annual Meeting of Shareholders held earlier today in St.
John's, NL.
Election of Directors
On a vote by ballot, the following 10 nominees proposed by management were
elected as Directors of Fortis to serve until the Corporation's next Annual
Meeting of Shareholders or until their successors are elected or appointed:
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Nominees Votes For Votes Withheld
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Peter E. Case 81,056,009 99.75% 206,118 0.25%
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Frank J. Crothers 80,725,974 99.34% 536,154 0.66%
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Ida J. Goodreau 80,864,491 99.51% 397,638 0.49%
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Douglas J. Haughey 80,992,526 99.67% 269,522 0.33%
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H. Stanley Marshall 80,830,811 99.47% 431,262 0.53%
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John S. McCallum 80,928,027 99.59% 334,987 0.41%
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Harry McWatters 80,870,196 99.52% 391,952 0.48%
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Ronald D. Munkley 80,943,602 99.61% 318,547 0.39%
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David G. Norris 80,985,421 99.66% 276,728 0.34%
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Michael A. Pavey 80,975,845 99.65% 286,304 0.35%
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Fortis is the largest investor-owned distribution utility in Canada, with total
assets of more than $15 billion and fiscal 2012 revenue totalling $3.7 billion.
The Corporation serves more than 2 million gas and electricity customers. Its
regulated holdings include electric distribution utilities in five Canadian
provinces and two Caribbean countries and a natural gas utility in British
Columbia, Canada. Fortis owns and operates non-regulated generation assets in
Canada, Belize and Upstate New York. It also owns hotels and commercial office
and retail space in Canada.
Fortis includes forward-looking information in this material within the meaning
of applicable securities laws in Canada ("forward-looking information"). The
purpose of the forward-looking information is to provide management's
expectations regarding the Corporation's future growth, results of operations,
performance, business prospects and opportunities, and it may not be appropriate
for other purposes. All forward-looking information is given pursuant to the
safe harbour provisions of applicable Canadian securities legislation. The words
"anticipates", "believes", "budgets", "could", "estimates", "expects",
"forecasts", "intends", "may", "might", "plans", "projects", "schedule",
"should", "will", "would" and similar expressions are often intended to identify
forward-looking information, although not all forward-looking information
contains these identifying words. The forward-looking information reflects
management's current beliefs and is based on assumptions developed using
information currently available to the Corporation's management. Although Fortis
believes that the forward-looking statements are based on information and
assumptions which are current, reasonable and complete, these statements are
necessarily subject to a variety of risks and uncertainties. For information on
risk factors that have the potential to affect the Corporation, reference should
be made to the Corporation's continuous disclosure materials filed from time to
time with Canadian securities regulatory authorities and to the heading
"Business Risk Management" in the Corporation's annual and quarterly Management
Discussion and Analysis. Except as required by law, the Corporation undertakes
no obligation to revise or update any forward-looking information as a result of
new information, future events or otherwise after the date hereof.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ms. Donna Hynes
Manager, Investor and Public Relations
Fortis Inc.
709.737.2800
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