This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Dec. 22, 2011 /PRNewswire/ - Maple Leaf Foods Inc. (the "Company") announced today that the amended and restated shareholder rights plan agreement (the "Rights Plan") between the Company and Computershare Investor Services Inc., as rights agent dated as of
December 5, 2011 was accepted by the Toronto Stock Exchange on
December 21, 2011 in accordance with its rules and policies. The acceptance by the Toronto Stock Exchange followed approval by shareholders of a resolution (the "Resolution") approving, ratifying and confirming the Rights Plan.
The Resolution was approved by (a) 96.25% of all votes cast by shareholders present or represented by proxy at the Company's special meeting (the "Meeting") held on
December 14, 2011 and (b) 93.96% of all votes cast by shareholders present or represented by proxy at the Meeting other than votes cast by "Grandfathered Persons", being beneficial owners of 20% or more of the common shares at the time the Rights Plan was implemented.
The full text of the Rights Plan is available at
Maple Leaf Foods Inc. is a leading food processing company, headquartered in
Toronto, Canada. The Company employs approximately 21,000 people at its operations across
Canada and in
the United States, the
United Kingdom, and
Asia. The Company had sales of
$5.0 billion in 2010.
SOURCE Maple Leaf Foods Inc.