KP Tissue Inc. Reports on Shareholders’ Voting Results for the Election of Directors
NOT FOR DISTRIBUTION IN THE U.S.A. OR OVER U.S. WIRE SERVICES
MISSISSAUGA, Ontario, June 04, 2020 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX: KPT) held its Annual Meeting of shareholders today. All candidates proposed as directors were duly elected to the Board of Directors of KPT by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, as follows:
| Name | For | Withheld | ||
| Number | % | Number | % | |
| Michael Korenberg | 4,509,721 | 99.20 | 36,597 | 0.81 |
| James Hardy | 4,508,321 | 99.16 | 37,997 | 0.84 |
| Michel Letellier | 4,494,241 | 98.86 | 52,077 | 1.15 |
| Louise Denys Wendling | 4,532,058 | 99.69 | 14,260 | 0.31 |
Shareholders present or represented by proxy at the Meeting also approved the appointment of PricewaterhouseCoopers LLP as auditors of KPT (99.31% of votes in favour).
About KP Tissue Inc. (KPT)
KPT was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP, which is accounted for as an investment on the equity basis. KPT currently holds a 14.8% interest in KPLP. For more information visit .
About Kruger Products L.P. (KPLP)
KPLP is Canada's leading manufacturer of quality tissue products for household, industrial and commercial use. KPLP serves the Canadian consumer market with such well-known brands as Cashmere®, Purex®, SpongeTowels®, Scotties® and White Swan®. In the U.S., KPLP manufactures the White Cloud® brand, as well as many private label products. The Away-From-Home division manufactures and distributes high-quality, cost-effective product solutions to a wide range of commercial and public entities. KPLP has approximately 2,500 employees and operates eight FSC® COC-certified (FSC® C-104904) production facilities in North America. For more information visit .
INFORMATION:
Francois Paroyan
General Counsel and Corporate Secretary
KP Tissue Inc.
Tel.: 905.812.6936
INVESTORS:
Mike Baldesarra
Director of Investor Relations
KP Tissue Inc.
Tel.: 905.812.6962
