Provided by Cargojet Inc/CNW
MISSISSAUGA, ON, March 30, 2020 /CNW/ – Cargojet Inc. (TSX: CJT) (“Cargojet” or the “Company”) announced the voting results from its annual and special meeting of shareholders held today virtually via live audio webcast.
Shareholders elected each of the director nominees as follows:
| Nominee | Votes For | Votes Withheld |
| (a) James Crane | 9,329,677 (96.52%) | 336,060 (3.48%) |
| (b) Ajay Virmani | 9,476,318 (98.04%) | 189,419 (1.96%) |
| (c) Arlene Dickinson | 8,655,842 (89.55%) | 1,009,895 (10.45%) |
| (d) Paul Godfrey | 8,812,198 (91.17%) | 853,539 (8.83%) |
| (e) John Webster | 9,045,121 (93.58%) | 620,616 (6.42%) |
Shareholders also voted in favour of all items of business, including the special resolution adopting the previously announced plan of arrangement effecting amendments to Cargojet’s articles of amalgamation to increase the limits of foreign ownership and control of its voting shares to those permitted by amendments made to the Canada Transportation Act in 2018. The implementation of these amendments, which are described in Cargojet’s February 26, 2020 news release, remains subject to final approval of the Ontario Superior Court of Justice (Commercial List) at a hearing scheduled for Wednesday, April 1, 2020.
Final voting results on all matters voted on at the meeting will be filed on SEDAR at www.sedar.com.
Cargojet is Canada’s leading provider of time sensitive premium overnight air cargo services and carries over 8,000,000 pounds of cargo weekly. Cargojet operates its network across North America each business night serving 15 major cities, and selected international destinations. Cargojet owns a fleet of 26 aircraft.