Mr. Neil Maclean reports
THE KEG ROYALTIES INCOME FUND ANNOUNCES TRUSTEE ELECTION RESULTS FOR ITS 2019 UNITHOLDER MEETING
All of the nominees listed in The Keg Royalties Income Fund's information circular dated March 28, 2019, were elected as trustees of the trust at its annual meeting of unitholders held on May 14, 2019. The results of the voting for each nominee are shown in the attached table.
Nominee Votes for Votes withheld
(number) (%) (number) (%)
Christopher Charles Woodward 7,112,228 99.17% 59,267 0.83%
Tim Kerr 7,162,028 99.87% 9,467 0.13%
George Killy 7,159,628 99.83% 11,867 0.17%
In addition, the appointment of KPMG LLP as the fund's auditor for the 2019 fiscal year was passed by a majority of the votes represented at the meeting.
About The Keg Royalties Income Fund
The fund is a limited-purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights LP, a subsidiary of the fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (KRL). In exchange for use of those trademarks, KRL pays the fund a royalty of 4 per cent of gross sales of Keg restaurants included in the royalty pool.
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