DAVIDsTEA Announces Results of Annual Meeting

MONTREAL, July 10, 2019 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. DTEA is pleased to announce that the seven nominees listed in its management information circular dated June 10, 2019 were elected as directors at the Company's annual and special meeting of shareholders held today in Montreal.  According to proxies received and ballots cast, the votes were as follows:

At the annual meeting, DAVIDsTEA's shareholders also re-appointed Ernst & Young LLP, Chartered Professional Accountants, as DAVIDsTEA's auditor and adopted a resolution approving an amendment to the 2015 Omnibus Equity Incentive Plan of the Company so as to increase the number of common shares available for issuance thereunder.

About DAVIDsTEA

DAVIDsTEA is a leading retailer of specialty tea, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories and food and beverages through over 230 company-owned and operated DAVIDsTEA retail stores in Canada and the United States, as well as through its e-commerce platform at davidstea.com. A selection of DAVIDsTEA products are also available in grocery stores across Canada through its growing wholesale distribution channel. The Company is headquartered in Montréal, Canada.