Pizza Pizza Royalty Corp. Announces Election of Directors


TORONTO, ONTARIO--(Marketwired - May 30, 2016) - Pizza Pizza Royalty Corp. (TSX:PZA) announced the voting results on the election of directors at its Annual Meeting of Shareholders on May 25, 2016.

At the meeting there were shareholders represented in person or by proxy holding 10,461,861 common shares of the Company, representing 42.5% of the issued and outstanding shares.

Shareholders voted in favor of all items of business.

The Company's proxy circular provided for six nominees for election to the Board of Directors. All nominees were elected by a majority vote of shareholders on a show of hands.

Details of proxies tabulated are as follows:

Votes For % For Votes Withheld % Withheld
Richard McCoy 10,421,833 99.9 8,981 0.1
Edward Nash 10,420,969 99.9 9,845 0.1
Michelle Savoy 10,315,165 98.9 115,649 1.1
Jay Swartz 10,424,619 99.9 6,195 0.1
Kathryn Welsh 10,422,566 99.9 8,248 0.1
Elizabeth Wright 7,856,701 75.3 2,574,113 24.7

The Company's shares are listed on the Toronto Stock Exchange under the symbol PZA.

Contact Information:

Pizza Pizza Limited
Curt Feltner
Chief Financial Officer
(416) 967-1010 x307
cfeltner@pizzapizza.ca

Pizza Pizza Limited
Christine D'Sylva
Vice President of Finance and Investor Relations
(416) 967-1010 ext 393
cdsylva@pizzapizza.ca
www.pizzapizza.ca and www.pizza73.com or www.sedar.com