logo
MTY Food Group Inc. Announces Results from 2025 Annual General Meeting

MTY Food Group Inc. Announces Results from 2025 Annual General Meeting

MONTREAL, May 05, 2025 (GLOBE NEWSWIRE) — MTY Food Group Inc. ('MTY' or the 'Company') (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2025 Annual General Meeting of Shareholders held on Friday May 2, 2025 (the ''Meeting'').
Over 16,283,918 shares were voted representing 70.57% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated March 19, 2025:
1. Election of Directors
Each of the nominees listed in the Information Circular was elected as a Director of the Corporation, Individual results are set out below:
2. Appointment of Auditor
Pricewaterhousee Coopers, LLP., was reappointed as auditor of the Corporation and the directors were authorized to fix the remuneration of the auditor. Results are set below:
3. Advisory vote on executive compensation
The shareholders have approved the following resolution: That, on an advisory basis and not to diminish the role and responsibilities of the Directors, the shareholders accept the Board's approach to executive compensation disclosed in the Information Circular. Results are set below:
4. Shareholder proposals #1
The following resolution was rejected by the shareholders: That, the Board of Directors adopts a policy to require the Board Chair to be an independent director and amends the governing documents as necessary. Votes results are set out below:
5. Shareholder proposals #2
The following resolution was rejected by the shareholders: That, MTY publishes a food waste transparency report that identifies the types and quantities of food in the waste streams across its organization (including related disposal methods) and establishes measurable, timebound food waste reduction targets to regularly report progress toward. Votes results are set out below:
6. Shareholder proposals #3
The following resolution was rejected by the shareholders: That, MTY adopts 'a roadmap with benchmarks' for switching to cage-free eggs. Votes results are set out below:
Each of the matters voted at the Meeting is discussed in detail in the Company's Management Information Circular dated March 19, 2025. These can be found on SEDAR+ at
www.sedarplus.com
under the Company's profile for public filings. Final voting results on all matters voted at the Meeting will be filed on SEDAR+ at
www.sedarplus.com
under the Company's profile for public filings.
Certain information in this News Release may constitute 'forward-looking' information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this News Release, this information may include words such as 'anticipate', 'estimate', 'may', 'will', 'expect', 'believe', 'plan' and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this News Release. Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Company's Management Discussion and Analysis, which can be found on SEDAR+ at
www.sedarplus.com
.
On Behalf of the Board of Directors of
MTY Food Group Inc.
_____________________________________
Eric Lefebvre, Chief Executive Officer
For more information please contact Eric Lefebvre, Chief Executive Officer at 1-514-336-8885 or by email at
ir@mtygroup.com
, or visit our website:
www.mtygroup.com
or SEDAR+'s website at
www.sedarplus.com
under the Company's name.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Latecoere: Annual Shareholders' Meeting
Latecoere: Annual Shareholders' Meeting

Yahoo

time35 minutes ago

  • Yahoo

Latecoere: Annual Shareholders' Meeting

All resolutions submitted to the Annual Shareholders' Meeting were approved. TOULOUSE, France, June 10, 2025--(BUSINESS WIRE)--Regulatory News: The 2025 Annual General Meeting of LATECOERE (Paris:LAT) shareholders was held at the Company's registered office on June 6, 2025, and all resolutions submitted were approved. Detailed voting results are available on the Company's website: Regulated information - Latecoere. About Latecoere Tier 1 to the world's leading OEMs (Airbus, BAE Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Honda Aircraft Company, Lockheed Martin, RTX, Thales), Latecoere serves aerospace with innovative solutions for a sustainable world. The Group operates in all segments of the aerospace industry (commercial, regional, business, defense and space) in three business areas: Aerostructures Europe and Americas: doors, fuselage, wings and empennage, rods; Interconnection Systems: wiring, avionic racks, on-board systems; Special Products and Services: customer services, on-board equipment, electronic systems. As of December 31, 2024, the Group employed 5,497 people in 14 countries. Latecoere is listed on Euronext Paris - Compartment B, ISIN Code: FR001400JY13 - Reuters: - Bloomberg: View source version on Contacts Media Relations Thierry Mahé+33 (0)6 60 69 63 85LatecoereGroupCommunication@ Investor Relations mandataires-ag-latecoere@ Sign in to access your portfolio

Latecoere: Annual Shareholders' Meeting
Latecoere: Annual Shareholders' Meeting

Business Wire

time44 minutes ago

  • Business Wire

Latecoere: Annual Shareholders' Meeting

TOULOUSE, France--(BUSINESS WIRE)--Regulatory News: The 2025 Annual General Meeting of LATECOERE (Paris:LAT) shareholders was held at the Company's registered office on June 6, 2025, and all resolutions submitted were approved. Detailed voting results are available on the Company's website: Regulated information - Latecoere. About Latecoere Tier 1 to the world's leading OEMs (Airbus, BAE Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Honda Aircraft Company, Lockheed Martin, RTX, Thales), Latecoere serves aerospace with innovative solutions for a sustainable world. The Group operates in all segments of the aerospace industry (commercial, regional, business, defense and space) in three business areas: Aerostructures Europe and Americas: doors, fuselage, wings and empennage, rods; Interconnection Systems: wiring, avionic racks, on-board systems; Special Products and Services: customer services, on-board equipment, electronic systems. As of December 31, 2024, the Group employed 5,497 people in 14 countries. Latecoere is listed on Euronext Paris - Compartment B, ISIN Code: FR001400JY13 - Reuters: - Bloomberg:

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BigBear.ai
FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BigBear.ai

Business Wire

time2 hours ago

  • Business Wire

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of BigBear.ai

NEW YORK--(BUSINESS WIRE)-- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Holdings, Inc. ('BigBear' or the 'Company') (NYSE: BBAI) and reminds investors of the June 10, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) BigBear maintained deficient accounting review policies related to the reporting and disclosure of certain non-routine, unusual, or complex transactions; (2) as a result, the Company incorrectly determined that the conversion option within the 2026 Convertible Notes qualified for the derivative scope exception under ASC 815-40 and failed to bifurcate the conversion option as required by ASC 815-15; (3) accordingly, BigBear had improperly accounted for the 2026 Convertible Notes; (4) the foregoing error caused BigBear to misstate various items in several of the Company's previously issued financial statements; (5) as a result, these financial statements were inaccurate and would likely need to be restated; (6) BigBear would require extra time and expense to correct the inaccurate financial statements, thereby increasing the risk that the Company would be unable to timely file certain financial reports with the U.S. Securities and Exchange Commission ("SEC"); and (7) as a result, the Company's public statements were materially false and misleading at all relevant times. On March 18, 2025, delayed the filing of its 2024 10-K, disclosing that certain of the Company's financial statements since fiscal year 2021 should no longer be relied upon and would be restated. On this news, the price of stock declined roughly 15%, from a closing price of $3.49 per share on March 17, 2025, to $2.97 per share on March 18, 2025. Then, on March 25, 2025, after market, BigBear filed its 2024 10-K restating its consolidated financial statements 'to reflect the issuance of the 2026 Notes Conversion Option at fair value as of December 7, 2021 and the subsequent remeasurement to fair value at each reporting date.' The 2024 10-K also disclosed that the Company had identified a material weakness in its internal control over financial reporting. On this news, the price of stock declined roughly 9%, from a closing price of $3.51 per share on March 25, 2025, to $3.19 per share on March 26, 2025. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding BigBear's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store