Trading Symbol: Toronto Stock Exchange – HDI
LANGLEY, BC, May 12, 2021 /CNW/ - Hardwoods Distribution Inc.
("HDI" or the "Company") today announced the
voting results of the Company's annual general and special meeting
of shareholders held on May 12, 2021
(the "Meeting").
Election of Directors
The eight nominees of management were elected as directors at
the Meeting. The voting results for the election of each
director nominee are as follows:
|
Name of
Nominee
|
Votes
For
|
Votes
Withheld
|
|
Number of
Votes
|
Percentage of
Votes
|
Number of
Votes
|
Percentage of
Votes
|
|
Rob Brown
|
13,912,536
|
99.88%
|
17,280
|
0.12%
|
|
Peter Bull
|
11,967,784
|
85.91%
|
1,962,032
|
14.09%
|
|
Michelle
Lewis
|
12,578,718
|
90.30%
|
1,351,098
|
9.70%
|
|
Jim
Macaulay
|
12,058,826
|
86.57%
|
1,870,990
|
13.43%
|
|
Lawrence
Sauder
|
13,656,642
|
98.04%
|
273,174
|
1.96%
|
|
William
Sauder
|
13,711,258
|
98.43%
|
218,558
|
1.57%
|
|
Rob Taylor
|
13,748,052
|
98.70%
|
181,764
|
1.30%
|
|
Graham
Wilson
|
13,688,226
|
98.27%
|
241,590
|
1.73%
|
Appointment of Auditors
At the Meeting, KPMG LLP was appointed as auditors of the
Company for the ensuing year and the directors were authorized to
fix the remuneration to be paid to the auditors.
Increase in Number of Shares Issuable Pursuant to the Long
Term Incentive Plan
At the Meeting, shareholders approved the increase to the number
of shares issuable pursuant to the Long Term Incentive Plan.
About HDI
HDI is North America's largest
distributor of architectural grade building products. The Company
operates a network of 70 distribution centers in the U.S. and
Canada distributing products to
customers that supply the residential, repair and remodel, and
commercial construction markets.
SOURCE Hardwoods Distribution Inc.