TORONTO, May 18, 2023
/CNW/ - Chesswood Group Limited ("Chesswood" or the "Company")
(TSX: CHW), a publicly traded North American specialty finance
company providing commercial equipment leases and loans, automotive
loans, home improvement financing, legal financing, and asset
management, today announced the voting results for its 2023 Annual
Shareholders Meeting (the "2023 Shareholders Meeting") held on
May 18, 2023. A total of 10,664,957
shares (approximately 55.27% of the 19,295,888 voting shares
eligible to be voted at the 2023 Shareholders Meeting) were
represented in person or by proxy.
Each of the nominees listed in the Management Information
Circular dated April 3, 2023 were
elected as Directors of the Company at the 2023 Shareholders
Meeting.
Detailed results of the votes cast in respect of the election of
the Directors are set out below:
|
Votes For
|
% For
|
Votes
Withheld
|
% Withheld
|
|
Catherine
Barbaro
|
10,411,093
|
99.615
|
40,254
|
0.385
|
|
Raghunath
Davloor
|
10,103,003
|
96.667
|
348,344
|
3.333
|
|
Robert J.
Day
|
10,073,316
|
96.383
|
378,031
|
3.617
|
|
Jeff Fields
|
10,291,031
|
98.466
|
160,316
|
1.534
|
|
Ryan Marr
|
10,443,851
|
99.928
|
7,496
|
0.072
|
|
Edward
Sonshine
|
10,425,596
|
99.754
|
25,751
|
0.246
|
|
Frederick W.
Steiner
|
10,438,366
|
99.876
|
12,981
|
0.124
|
|
Daniel
Wittlin
|
10,076,468
|
96.413
|
374,879
|
3.587
|
Shareholders also re-appointed Ernst & Young LLP as auditors
for the ensuing year, with 96.57% of the votes cast in favour.
ABOUT CHESSWOOD GROUP LIMITED
Chesswood Group Limited is a Toronto,
Canada based holding company whose subsidiaries engage in
the business of specialty finance (including equipment finance
throughout North America, and
vehicle finance and legal sector finance in Canada), as well as the origination and
management of private credit alternatives for North American
investors. Our shares trade on the Toronto Stock Exchange (under
the symbol CHW).
For information on Chesswood Group Limited and its operating
subsidiaries:
www.ChesswoodGroup.com
www.PawneeLeasing.com
www.TandemFinance.com
www.VaultPay.ca
www.VaultCredit.com
www.Rifco.net
www.WaypointInvestmentPartners.com
www.EasyLegal.ca
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN
SOURCE Chesswood Group Limited