TORONTO, June 25, 2024 /CNW/ - Propel Holdings Inc. ("Propel" or the "Company") (TSX: PRL) the fintech facilitating access to credit for underserved consumers, today announced the voting results from its Annual General and Special Meeting of the Shareholders (the "Meeting"), held on June 25, 2024. A total of 24,120,438 shares were represented in person or by proxy at the Meeting, constituting approximately 70.257% of the Company's total issued and outstanding common shares as of the record date.
Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes.
The voting results in relation to the election of directors, were as follows:
|
Nominee
|
Votes For
|
Votes Withheld
|
|
%
|
%
|
|
Michael Stein
|
99.465
|
0.535
|
|
Clive Kinross
|
99.983
|
0.017
|
|
Peter Monaco
|
99.812
|
0.188
|
|
Poonam Puri
|
94.991
|
5.009
|
|
Geoff Greenwade
|
99.221
|
0.779
|
|
Karen Martin
|
99.661
|
0.339
|
|
Peter Anderson
|
99.494
|
0.506
|
Each of the other matters put forward before shareholders for consideration and approval at the Meeting, as described in the Circular, was duly approved by the requisite number of votes.
The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on www.sedarplus.ca.
About Propel
Propel Holdings (TSX: PRL) is the fintech company building a new world of financial opportunity for consumers, partners, and investors. Propel's operating brands — Fora Credit, CreditFresh and MoneyKey — and our Lending-as-a-Service product line facilitate access to credit for consumers underserved by traditional financial institutions. Through its groundbreaking AI-driven platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. The result is better products and an expanded credit market for consumers while creating sustainable, profitable growth for Propel. Our revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over one billion dollars in credit. At Propel, we are here to change the way customers, partners and investors succeed together. Learn more at propelholdings.com.
SOURCE Propel Holdings Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2024/25/c7444.html