• Powered by Crown Equity Holdings Inc.
      • crown-logo

        Crown Equity Holdings Inc. is publicly traded with the symbol CRWE. The Company primarily provides and offers advertising, branding, marketing solutions and services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. For list of services offered click here

Post on CRWE World Login
logo Fairfield, UNITED STATES
header-img
  • Home
  • News
  • World
      • World News
      • Español
  • Politics
      • U.S. Legislators
      • Political News
  • Sports
  • Business
      • Markets
      • Hottest Stocks Today
      • CRWEWorld Stocks
      • Blockchain
      • Regulatory
      • Accounting
      • Fundraising Campaigns
      • IPOs
      • Money
      • Career
  • Tech
      • Tech
      • Science
  • Living
      • Arts & Entertainment
      • Family
      • Food
      • Pets
      • Seniors
      • Fashion/Fitness
      • Home & Garden
  • Health
      • Health
      • Pharma & Biotech
  • Opinion
      • Finance
      • Law
      • Healthcare
      • Cannabidiol (CBD)
      • Fashion
      • Podcasts
      • Tech
      • Music
  • Travel
  • Local
      • News
      • Trending Now
      • Real Estate
      • Coupons & Deals
      • Business Directory
  • Jobs
  • More
      • Business 2 Business
      • Press Releases
      • Press Releases Pricing
      • News from GlobeNewswire
      • News from PR Newswire
      • News from Business Wire
      • News from Accesswire
      • Video Channels
      • Beauty
      • Business
      • Comedy
      • Entertainment
      • Fashion
      • Featured
      • Health
      • Instructional
      • News
      • Politics
      • Sports
      • Technology
      • Entertainment
      • Horoscope
      • Sudoku
      • Crossword
      • Games
      • Chat
      • Affiliate | How It Works
      • Join CRWE WORLD Affiliate Program
      • CRWE WORLD Advertising Services Rate
      • Crown Equity Holdings' Overview
      • CRWEWorld Real-Time Global Visitors
      • Content Delivery Solution
        • Contact Us
  • More

Change City


-- OR --
load
load
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png
  • Home
  • Articles
  • News Provided by PR Newswire
21ьз╕ Cweather-icon
/assets/img/hottest3.png
/assets/img/hottest2.png

/assets/img/reef2.png
/assets/img/red-line.jpg
/assets/img/reef.png

Boston Pizza Royalties Income Fund Announces Results of AGM Voting and Changes to Board of Trustees

News Provided by PR Newswire2018-06-22
7 Views

Boston Pizza Royalties Income Fund Announces Results of AGM Voting and Changes to Board of Trustees

 
[22-June-2018]
 

Toronto Stock Exchange: BPF.UN

William C. Brown retires and Marc Guay elected to the Board of Trustees

VANCOUVER, June 22, 2018 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) is pleased to announce the voting results from its annual general meeting of unitholders held on Thursday, June 21, 2018 in Vancouver, British Columbia.

William C. Brown did not stand for re-election and retired as a Trustee of the Fund effective June 21, 2018. Mr. Brown was a Trustee of the Fund since its inception and Chairman of the Fund since June 2014.  Mr. Brown brought a wealth of knowledge to the Fund and its unitholders.  Since the initial public offering in July 2002, Mr. Brown helped guide the Fund through several major events including a federal taxation change impacting trusts, the Fund's adoption of International Financial Reporting Standards, a global financial crisis and a transaction that saw royalties received by the Fund effectively increase from 4% to 5.5%. Over that time, the Fund increased its rate of monthly cash distributions a total of 18 times while paying out over $289 million to Unitholders of the Fund through 191 consecutive monthly cash distributions. The Trustees of the Fund, and the ownership and management of Boston Pizza International Inc. wish to thank Mr. Brown for the invaluable service he provided, and wish him well in his retirement.

W. Murray Sadler and David L. Merrell were both re-elected to the Board of Trustees of the Fund for the ensuing year.  W. Murray Sadler will assume the role of Chairman of the Fund. 

The Fund further announced that Marc Guay was elected to the Board of Trustees of the Fund effective June 21, 2018. Mr. Guay held a lengthy career spanning 29 years with PepsiCo Foods Canada Inc., including being President from 2008 until his retirement in 2015.

A total of 6,886,856 units and other securities with voting entitlements for the Fund (together, the "Voting Units") were represented at the meeting, being 27.85% of the Fund's issued and outstanding Voting Units.  Detailed results of the ballot votes are provided below:

Proposal

Votes For

Votes For %

Votes Withheld

Votes Withheld %

Election of W. Murray Sadler as Trustee

6,512,044

96.13

262,499

3.87

Election of David L. Merrell as Trustee

6,513,157

96.14

261,386

3.86

Election of Marc Guay as Trustee

6,713,759

99.10

60,784

0.90

 

At the meeting, by a vote by show of hands, KPMG LLP was appointed as the auditor of the Fund for the ensuing year and the Trustees of the Fund were authorized to fix the remuneration of the auditor.

ABOUT US

The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002.  Including the May 2018 distribution which is payable on June 29, 2018, the Fund has delivered 18 distribution increases and 191 consecutive monthly distributions to unitholders totaling $289.2 million or $19.84 per unit since 2002.  The Fund earns revenue based on the franchise system sales from the 391 Boston Pizza restaurants included in the Fund's royalty pool.

Boston Pizza International Inc. is Canada's number one casual dining brand with annual gross sales of $1.1 billion serving more than 50 million guests through over 390 mainly franchisee operated restaurants.  The Boston Pizza brand has successfully existed for over 50 years since opening its first restaurant in Edmonton, Alberta in 1964.  Boston Pizza International Inc. has been recognized as a Platinum Member of Canada's 50 Best Managed Companies and has been a Franchisees' Choice Designation winner for seven consecutive years.

The trustees of the Fund have approved the contents of this news release.

SOURCE Boston Pizza Royalties Income Fund


Company Codes: Toronto:BPF.UN


© 2018 PR Newswire. All Rights Reserved.

#content-news .main-news{color:#737373;font-size:14px;line-height:inherit;text-align:inherit}

The news, reports, views and opinions of authors (or source) expressed are their own and do not necessarily represent the views of CRWE World.


Leading European Football Clubs Announce Participation in New Super League Competition



/assets/img/cw-stocks.png

/assets/img/wysh-jewels.png

/assets/img/hjli.png

/assets/img/Mars-Parachute-2.png

/assets/img/crweworld-podcast.jpg
Sponsored
Also read
MITRE Engenuity ATT&CK® Evaluations Highlight Check Point Software’s Leadership in Endpoint Security with 100% Detection across All Tested Unique ATT&CK Techniques
Investor relations calendar 2020-2021
Tyson Foods Extends On-Site Vaccinations to Employee Families, Households
Superior Group of Companies Announces First Quarter 2021 Earnings Conference Call and Webcast
Global Green Solutions, Inc. Names Ryan Messer as New CEO
ScoZinc Receives Court Approval for Arrangement with Fancamp
Idriss Déby obituary: End of Chad's 'Great Survivor'
Castlebar Capital Corp. Provides Update Respecting Proposed Qualifying Transaction


Post on CRWE WorldSign Up for Free E-mail Updates
  • Real Estate Eagle Firm, Real Estate
  • Hancock Jaffe Laboratories, Nasdaq:HJLI, HJLI
Signup for free email updates
/assets/img/wall-street-rect2.png
/assets/img/wall-street-sq.png



Join with us
Live Traffic Feed
About CrweWorld
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Finance Disclaimer
  • Jobs
Subscribe for newsletter
3+2
Contact Info
  • contact@crweworld.com

  • P: (702) 683-8946

  • P: (702) 810-0178

  • 11226 Pentland Downs St, Las Vegas, NV 89141

Tweets by CrweWorld
Tweets by @CrweWorld
  • © 2021 crweworld.com
ad1

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

ad2

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

ad3

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

ad4

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

ad5

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

Advertisements

/assets/images/ad/crwe_tech.jpg

Your Technology Source, Your Technology Team

Server Maintenance, Web Development, Mobile Application Solutions, SEO Services and more

Contact Us: contact@crwetech.com

www.CRWETech.com

/assets/images/ad/content-delivery-solution.jpg

 

Our content delivery solution through CRWE WORLD, CRWE Press Release and CRWE Tube gives corporations and businesses a vehicle to expand their exposure

CLICK HERE FOR MORE INFORMATION

/assets/img/crwe_info.png

CRWE Info ( CRWE.Info ) provides news and updates about Crown Equity Holdings Inc. and the CRWE World platform

www.crwe.info

/assets/images/ad/crwetube.png

Share your videos. Upload your videos for free on CRWETube

www.CRWETube.com

/assets/images/ad/ad4.png

 

Place Your Ad Here! Advertise your business online on CRWE WORLD. Your Company, product, or service in front of the world!

Contact Us: contact@crweworld.com

www.CRWEWorld.com

CRWE WORLD Advertising Services RateJoin CRWE WORLD Affiliate Program