VANCOUVER, British Columbia, June 19, 2019 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX – SWP) (“Swiss Water” or “the Company”) is pleased to announce that the Director nominees listed in the Information Circular for its annual general meeting of Shareholders held yesterday, were elected as Directors of Swiss Water. Voting results for individual Directors elected were as follows:

        
  Votes For Votes Withheld 
Nominee NumberPercentage NumberPercentage 
Frank Dennis 1,985,94199.40% 11,9910.60% 
Diane Fulton 1,984,24199.31% 13,6910.69% 
Richard Mahler1,983,54199.28% 14,3910.72% 
David Rowntree1,974,13898.81% 23,7941.19% 
Roland Veit 1,954,26697.81% 43,6662.19% 
Anne Saunders1,987,44199.47% 10,4910.53% 
       

PricewaterhouseCoopers LLP was appointed as auditors with 99.35% voting support.

In addition, subject to TSX approval, Shareholders authorized any Director or Officer to take all necessary steps and proceedings to execute and file any documents and other instruments that may be necessary to give effect to the approved amendments to the 2011 Restricted Share Unit Plan. With a 88.35% of voting support the Shareholders approved: a) proposed amendments to the RSU Plan described under the heading “Approval of Amendments to the 2011 Restricted Share Unit Plan” and substantially in the form attached as Appendix A to the Company’s Management Information Circular dated May 9, 2019; and b) that the 24,492 over-granted RSUs are ratified.

Company Profile
Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company and a premium green coffee decaffeinator which employs the proprietary Swiss Water® Process to decaffeinate green coffee without the use of chemicals. It also owns Seaforth Supply Chain Solutions, a green coffee handling and storage business. Both businesses are located in the cities of Delta and Burnaby, British Columbia.

Additional Information
A more detailed discussion of Swiss Water Decaffeinated Coffee Inc.’s recent financial results is provided in the Company’s Management Discussion and Analysis filed on SEDAR (www.sedar.com) and on the Company’s website (http://investor.swisswater.com).

For more information, please contact:
Iain Carswell, Chief Financial Officer
Swiss Water Decaffeinated Coffee Inc.
Phone: 604.420.4050
Email: investor-relations@swisswater.com
Website: investor.swisswater.com