MARKHAM, ON--(Marketwired - April 21, 2015) - Leisureworld Senior Care Corporation (
Nominee | Votes For | Votes Withheld | ||
No. | % | No. | % | |
Dino Chiesa | 8,696,107 | 99.80 | 16,991 | 0.20 |
Lois Cormack | 8,684,987 | 99.68 | 28,111 | 0.32 |
Janet Graham | 8,696,507 | 99.81 | 16,591 | 0.19 |
Paula Jourdain Coleman | 8,698,187 | 99.83 | 14,911 | 0.17 |
Jack MacDonald | 8,657,022 | 99.36 | 56,076 | 0.64 |
John McLaughlin | 8,683,107 | 99.66 | 29,991 | 0.34 |
The proposed approval of all unallocated securities, rights and other entitlements pursuant to the Company's long-term incentive plan and restricted share unit plan, as well as the proposed name change of the Company to Sienna Senior Living Inc. were passed by a majority of the votes represented at the Meeting.
Name Change and Rebranding to Sienna Senior Living
The Company intends to formally change its name to Sienna Senior Living Inc. on or about May 1, 2015. In connection with the name change, the Company has received conditional approval of the Toronto Stock Exchange (the "TSX") to trade under the new trading symbol "SIA".
The name change and rebranding will coincide with the renaming of the Company's 10 retirement residences and 35 long-term care communities.
"With over 40 years of experience in seniors living, the rebranded Sienna Senior Living can be proud of its foundation and reputation, which has been built upon through years of growth and diversification and providing quality care and service to seniors," said Lois Cormack, President and CEO of the Company.
The rebranding will align various sub-brands and promote the uniqueness of each care community and retirement residence. New home names were selected to reflect their connection to the local community, with input from residents, families and employees.
"We are pleased with our diversification and new brand direction that focuses on responding to the unique needs of seniors living in each community that we serve," said Dino Chiesa, Chair of the Company's Board of Directors.
The rebranding follows the Company's launch of a new vision, mission, values and creed in 2014, which may be found on the Company's website at www.leisureworld.ca.
ABOUT LEISUREWORLD SENIOR CARE CORPORATION
Leisureworld Senior Care Corporation (
Contact Information:
CONTACT INFORMATION
Lois Cormack
President and Chief Executive Officer
Lois.Cormack@leisureworld.ca
T: (905) 415-7612
Nitin Jain
Executive Vice President and Chief Financial Officer
Nitin.Jain@leisureworld.ca
T: (905) 489-0787