Cott Corporation (TSE:BCB) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial Condition.
On May 4, 2017, Cott Corporation (the Company) issued a press
release reporting financial results for the fiscal quarter ended
April 1, 2017. A copy of the press release is furnished herewith
under the Securities Exchange Act of 1934, as amended, as Exhibit
99.1 to this Form 8-K and is incorporated by reference into this
Item2.02 as if fully set forth herein.
Item5.07. Submission of Matters to a Vote of Security
Holders.
The Companys Annual and Special Meeting of Shareowners (the
Meeting) was held on Tuesday, May 2, 2017. As at the record date
of March 13, 2017, 138,889,813 common shares were outstanding and
entitled to notice of and to vote at the Meeting.
Election of Directors
At the Meeting, shareowners approved the election of Mark
Benadiba, Jerry Fowden, David T. Gibbons, Stephen H. Halperin,
Betty Jane Hess, Gregory R. Monahan, Mario Pilozzi, Andrew
Prozes, Eric S. Rosenfeld and Graham W. Savage to serve for the
ensuing year and until their respective successors are elected.
| For | Against | Withhold | Brokernon-votes | |||||
| Mark Benadiba | 86,021,284 | – | 19,282,072 | 6,687,098 | ||||
| Jerry Fowden | 104,747,016 | – | 556,340 | 6,687,098 | ||||
| David T. Gibbons | 102,920,130 | – | 2,383,226 | 6,687,098 | ||||
| Stephen H. Halperin | 103,686,400 | – | 1,616,956 | 6,687,098 | ||||
| Betty Jane Hess | 87,143,761 | – | 18,159,595 | 6,687,098 | ||||
| Gregory R. Monahan | 104,872,185 | – | 431,171 | 6,687,098 | ||||
| Mario Pilozzi | 104,677,076 | – | 626,280 | 6,687,098 | ||||
| Andrew Prozes | 102,819,746 | – | 2,483,610 | 6,687,098 | ||||
| Eric S. Rosenfeld | 90,798,704 | – | 14,504,652 | 6,687,098 | ||||
| Graham W. Savage | 87,245,951 | – | 18,057,405 | 6,687,098 | ||||
Appointment of PricewaterhouseCoopers LLP as the Companys
Independent Registered Certified Public Accounting Firm
At the Meeting, shareowners approved the appointment of
PricewaterhouseCoopers LLP to serve as the Companys independent
registered certified public accounting firm for its 2017 fiscal
year.
| For | Against | Withhold | Brokernon-votes | |||
| 111,557,607 | 117,061 | 315,786 | – | |||
Advisory Vote on Executive Compensation
At the Meeting, shareowners approved, on an advisory basis, the
compensation paid to the Companys named executive officers, as
disclosed to Item402 of Regulation S-K, including Compensation
Discussion and Analysis, compensation tables and narrative
discussion.
| For | Against | Withhold | Brokernon-votes | |||
| 104,267,681 | 690,234 | 345,440 | 6,687,099 | |||
Advisory Vote on the Frequency of an Advisory Vote on
Executive Compensation
At the Meeting, shareowners determined, on an advisory basis,
that the advisory vote on the executive compensation of the named
executive officers of the Company should occur every year.
| One Year | Two Years | Three Years | Abstain | Brokernon-votes | ||||||||||||||
| 100,412,762 | 48,804 | 4,824,971 | 16,816 | 6,687,101 | ||||||||||||||
Reduction in Stated Capital
At the Meeting, shareowners approved the reduction of the stated
capital of the Companys common shares to US$500 million.
| For | Against | Withhold | Brokernon-votes | |||
| 104,904,082 | 55,406 | 343,866 | 6,687,100 | |||
Item8.01. Other Events
On May 3, 2017, the Company announced that the Board of Directors
declared a dividend of US$0.06 per common share, payable in cash
on June 14, 2017 to shareowners of record at the close of
business on June 2, 2017.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 |
Press Release of Cott Corporation, dated May 4, 2017 (furnished herewith). |
About Cott Corporation (TSE:BCB)
Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through four segments: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses. The DSS segment provides direct-to-consumer products, such as bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, and filtration equipment. Its traditional business consists of its Cott North America, Cott U.K. and All Other segments. Its traditional business produces products, including carbonated soft drinks, shelf stable juice and juice-based products, sports drinks, liquid enhancers, freezables, hot chocolate, creamers/whiteners, cereals and beverage concentrates directly or through third-party manufacturers. Cott Corporation (TSE:BCB) Recent Trading Information
Cott Corporation (TSE:BCB) closed its last trading session 00.00 at 17.41 with 362,652 shares trading hands.
