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Madison Pacific Properties Inc. (TSX: MPC and MPC.C) announces results of Annual General Meeting

VANCOUVER, British Columbia, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (TSX:MPC) (TSX:MPC.C) (the Company), reports the voting results of the Annual General Meeting of its shareholders held February 20, 2018 in Vancouver, British Columbia.

The following five nominees were re-elected as directors of the Company by the following votes:

 Nominee Votes For Percent Votes Withheld Percent
Marvin Haasen 2,445,290 82.48% 519,351 17.52%
Sam Grippo 2,445,290 82.48% 519,351 17.52%
Michael W. Delesalle 2,456,541 82.86% 508,100 17.14%
Peter J. Bonner 2,456,541 82.86% 508,100 17.14%
Mark E. Elliott 2,456,541 82.86% 508,100 17.14%

In addition, PricewaterhouseCoopers LLP was re-appointed as the auditor for the Company.

About the Company: Madison Pacific Properties Inc. is a Vancouver-based real estate company with approximately $485 million in investment properties, comprising 1.8 million rentable sq. ft. of industrial and commercial space, of which, approximately 99% of the available space is leased.

Contact:
Mr. Marvin Haasen               
President & CEO                    
Telephone: (604) 732-6540                       
Fax:  (604) 732-6550

Mr. Dino Di Marco
Investor Information 
(604) 732-6540

Address:
389 West 6th Avenue
Vancouver, B.C.
V5Y 1L1