AUTOCANADA ANNOUNCES ELECTION OF DIRECTORS AND VOTING RESULTS
May 05, 2022 at 07:07 pm EDT
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EDMONTON, AB, May 5, 2022 /CNW/ - AutoCanada Inc. ("AutoCanada" or the "Company") (TSX: ACQ), a multi-location North American automobile dealership group, announced that all resolutions were passed at its Annual and Special Meeting (the "Meeting") held on May 5, 2022. A total of 19,725,149 common shares (representing 73.19% of the issued and outstanding common shares of the Company) were represented virtually or by proxy at the Meeting. Each of the following nominees listed in the management information circular dated March 25, 2022 were duly elected as directors of the Company for the ensuing year:
Nominee
Votes For
% For
Votes Withheld
% Withheld
Paul Antony
19,299,717
97.95%
404,269
2.05%
Dennis DesRosiers
19,210,458
97.50%
493,528
2.50%
Rhonda English
19,692,866
99.94%
11,120
0.06%
Stephen Green
17,536,373
89.00%
2,167,613
11.00%
Barry James
19,692,777
99.94%
11,209
0.06%
Lee Matheson
19,045,547
96.66%
658,439
3.34%
Elias Olmeta
19,685,166
99.90%
18,820
0.10%
About AutoCanada
AutoCanada is a leading North American multi-location automobile dealership group currently operating 80 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, USA. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, Honda and Porsche branded vehicles. Additionally, the Company's Canadian Operations segment currently operates 2 used vehicle dealerships supporting the Used Digital Retail Division, the RightRide division operates 7 locations, and 4 stand-alone collision centres (within our group of 18 collision centres). In 2021, our dealerships sold approximately 86,000 vehicles and processed over 800,000 service and collision repair orders in our 1,303 service bays generating revenue in excess of $4 billion.
Additional information about AutoCanada Inc. is available at www.sedar.com and the Company's website at www.autocan.ca.
AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands.