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TORONTO — Chemtrade Logistics Earnings Fund (TSX: CHE.UN) as we speak introduced outcomes for issues voted on on the Fund’s Annual and Particular Assembly of Unitholders held just about in Toronto on Could 11, 2021 and adjourned to Could 26, 2021. A complete of 26,356,698 Items, or 25.55% of the Fund’s issued and excellent Items, had been voted in reference to the annual and particular assembly.
Election of Trustees
On a vote by poll, all nominees listed within the administration data round for the Annual Assembly, had been elected as Trustees of the Fund. Detailed outcomes of the vote for the election of Trustees are set out beneath:
Nominees |
Votes For |
% For |
Votes Withheld |
% Withheld |
Lucio Di Clemente |
20,694,869 |
80.44% |
5,031,870 |
19.56% |
Daniella Dimitrov |
20,849,609 |
81.04% |
4,877,130 |
18.96% |
Emily Moore |
20,594,295 |
80.05% |
5,132,444 |
19.95% |
Douglas Muzyka |
25,188,336 |
97.91% |
538,403 |
2.09% |
Katherine Rethy |
20,619,693 |
80.15% |
5,107,046 |
19.85% |
Scott Rook |
25,250,750 |
98.15% |
475,989 |
1.85% |
Lorie Waisberg |
20,580,471 |
80.00% |
5,146,268 |
20.00% |
Following the assembly, the Board appointed the next as committee chairs:
Daniella Dimitrov – Chair of the Audit Committee
Lucio Di Clemente – Chair of the Compensation and Company Governance Committee
Emily Moore – Chair of the Accountable Care Committee.
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Appointment of Auditors
On a vote by poll, Unitholders authorised the re-appointment of KPMG LLP, Chartered Skilled Accountants, as auditors of the Fund and approved the Trustees to repair the auditors’ remuneration:
Votes For |
% For |
Votes Withheld |
% Withheld |
26,085,728 |
98.97% |
270,970 |
1.03% |
Vote Concerning Amended Declaration of Belief
On a vote by poll, Unitholders authorised the Fund’s Amended Declaration of Belief disclosed within the Data Round.
Votes For |
% For |
Votes Towards |
% Towards |
25,126,090 |
97.67% |
600,649 |
2.33% |
Vote Concerning Method to Govt Compensation (Say on Pay)
On a non-binding advisory vote by poll, Unitholders voted towards the Fund’s strategy to government compensation disclosed within the Data Round.
Votes For |
% For |
Votes Towards |
% Towards |
10,327,821 |
40.14% |
15,398,918 |
59.86% |
Chemtrade operates a diversified enterprise offering industrial chemical compounds and companies to prospects in North America and all over the world. Chemtrade is one among North America’s largest suppliers of sulphuric acid, spent acid processing companies, inorganic coagulants for water remedy, sodium chlorate, sodium nitrite, sodium hydrosulphite and phosphorus pentasulphide. Chemtrade is a number one regional provider of sulphur, chlor-alkali merchandise, liquid sulphur dioxide, potassium chloride, and zinc oxide. Moreover, Chemtrade gives industrial companies reminiscent of processing by-products and waste streams.
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Ryan Paull
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Tel: (973) 515-1831