TORONTO, April 8, 2020 /CNW/ - E-L Financial Corporation
Limited ("E-L Financial" or the "Company") (TSX: ELF) (TSX:
ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) announced today a
change in the location of its annual meeting of shareholders from
Vantage Venues, 150 King Street West, Toronto, Ontario, to 165 University Avenue,
Toronto, Ontario.
The health and well-being of our shareholders, employees and
community is our number one priority. Considering the
directives from public health officials on group settings, the
Board of Directors believes the safest way to participate in the
upcoming annual meeting is remotely. E-L Financial has organized a
live webinar to support public health efforts in managing COVID-19
and is urging its Series A Convertible Preference shareholders
and Common shareholders to vote by proxy and asking interested
stakeholders and such shareholders to remain at home and not attend
the annual meeting in person. Please check E-L Financial's
website (www.e-lfinancial.ca) where further details will be
provided on how to attend the live webinar.
This is not a virtual meeting. Series A Convertible
Preference shareholders and Common shareholders cannot vote as part
of the webinar and are strongly encouraged to vote by proxy in
advance of the meeting by one of the methods described in the
Management Information Circular (available at www.sedar.com) and
proxy materials previously distributed for the meeting. The
deadline to vote your proxy in advance of the meeting is
Tuesday, May 5, 2020 at 11:30 a.m. Eastern Time.
Note that proxy materials previously distributed will not be
updated to reflect the change of location and addition of a live
webinar. Proxy materials may continue to be used to vote your
Series A Convertible Preference shares and Common shares in
connection with the annual meeting.
Series A Convertible Preference shareholders, Common
shareholders and interested stakeholders may send questions
regarding the annual meeting to cartyr@e-lfinancial.com for
more information.
About E-L Financial Corporation Limited
The Company operates as an investment and insurance holding
company. In managing its operations, the Company distinguishes
between two operating segments, E-L Corporate and Empire Life.
E-L Corporate represents investments in stocks and fixed income
securities held directly and indirectly through pooled funds,
closed-end investment companies and other investment companies. The
investment strategy is to accumulate shareholder value through
long-term capital appreciation and dividend and interest income
from its investments.
Empire Life is a subsidiary of the Company. Since 1923, Empire
Life has provided individual and group life and health insurance,
investment and retirement products to Canadians. Empire Life's
mission is to make it simple, fast and easy for Canadians to get
the investment, insurance and group benefits coverage they need to
build wealth, generate income, and achieve financial security.
SOURCE E-L Financial Corporation Limited