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Shawcor Reports Voting Results From Annual and Special Meeting

TORONTO, May 10, 2018 (GLOBE NEWSWIRE) -- Shawcor Ltd.  (TSX:SCL) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting held May 8, 2018 in Toronto, Ontario.

A total of 61,093,157 common shares were voted at the meeting representing 87.22% of the votes attached to all outstanding shares.  Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:

Directors % of Votes For % of Votes Withheld
John T. Baldwin   99.54   0.46
Derek S. Blackwood   99.46   0.54
James W. Derrick   99.51   0.49
Kevin J. Forbes   99.74   0.26
Michael S. Hanley    97.40   2.60
Stephen M. Orr   99.59   0.41
Pamela S. Pierce   99.87   0.13
E. Charlene Valiquette   99.19   0.81
Donald M. Wishart   99.45   0.55

Detailed voting results for the meeting are available on SEDAR at www.sedar.com

For further information, please contact:

Gaston Tano
Senior Vice President, Finance and CFO
Telephone: 416.744.5539
E-mail:  gaston.tano@shawcor.com
Website: www.shawcor.com

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