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
. The Company employs approximately 21,000 people at its operations across
the United States
. The Company had sales of
SOURCE Maple Leaf Foods Inc.