The Globe and Mail reports in its Tuesday edition that Transat has rebuffed Pierre Karl Péladeau's calls for a special meeting to address changes to the board, and has instead scheduled the vote for its annual meeting in March. The Globe's Eric Atkins writes that Mr. Péladeau, who controls 9.5 per cent of Air Transat through Financière Outremont Inc., is seeking to replace the 11-member board with six people -- including himself and two others he nominated. Transat, in a statement on Monday, rejected Mr. Péladeau's request for a vote by Feb. 6 as too close to the annual meeting on March 10. It said this would amount to causing investors to address "overlapping subject matters resulting in unnecessary duplication, cost, shareholder confusion and distraction." Pushing back the vote will give stockholders time to consider Mr. Péladeau's proposals about the future of the company. The airline said Mr. Péladeau "seeks to remove a majority of independent directors and replace them with nominees aligned with a single shareholder. ... The proposal would provide effective control of the board without a control premium being paid to other shareholders, and without a publicly disclosed strategic plan for Transat's business."