The Keg Royalties Income Fund Announces Trustee Election Results for its 2013 Unitholder Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2013) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) is pleased to announce that all of the nominees listed in its information circular dated April 2, 2013 were elected as trustees of the Trust at its annual meeting of unitholders held on May 14, 2013 (the "Meeting"). The results of the voting for each nominee are as follows:


Votes For
Votes Withheld
Nominee No. % No. %
George Killy 2,934,504 99.81% 5,470 0.19%
George Murray Tidball 2,934,374 99.81% 5,600 0.19%
Christopher Charles Woodward 2,937,374 99.91% 2,600 0.09%

In addition, the Fund reports that the appointment of KPMG LLP as the Fund's auditors for the 2013 fiscal year was passed by a majority of the votes represented at the Meeting.

About The Keg Royalties Income Fund

The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL") in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.

Vancouver-based Keg Restaurants Ltd. is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. Keg Restaurants Ltd. has been named one of the "50 Best Employers in Canada" by Aon Hewitt for the past eleven years. For more information on our brand visit www.kegsteakhouse.com.

Contact:

Keg Royalties Income Fund
Karyn Byrne
Investor Relations
416-646-4960
karynb@kegrestaurants.com
www.kegincomefund.com

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Jimmy's Egg
Jimmy's Egg is now offering a unique opportunity to a select number of franchisees seeking to develop our proven brand in new markets.
Huddle House
Everyone knows a House is a good investment! Huddle House is a full service restaurant, serving delicious meals, cooked to order...
Minuteman Press International
Minuteman Press is the world's largest & number 1 rated printing & marketing franchise. Our business model features multiple revenue streams,...
Blue Coast Burrito
Bring a healthy alternative to traditional fast food to your location with Blue Coast Burrito. Blue Coast is an ideal fit for experienced operators...
REVOLISM Wellness and Weight Loss
Live Well, Lose Weight and Feel Better with REVOLISM

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)