20.04.2018 22:30:00

Chesswood Group Limited Announces Voting Results from Annual Shareholders Meeting

TORONTO, April 20, 2018 /CNW/ - Chesswood Group Limited ("Chesswood") (TSX: CHW) announced today the voting results for the election of its board of directors, which took place at its Annual Meeting held on April 19, 2018.  A total of approximately 8,437,232 shares (approximately 46.85% of 18,009,442 outstanding voting shares) were represented in person or by proxy.

The nominees listed in the management information circular dated March 9, 2018 were elected as directors of Chesswood at the meeting.  Detailed results of the votes are set out below:


Votes For

% For

Votes Withheld

% Withheld

Clare R. Copeland

7,692,608

96.10

311,945

3.90

Robert J. Day

7,988,762

99.80

15,791

0.20

Samuel L. Leeper

7,708,989

96.31

295,564

3.69

David Obront

7,707,089

96.28

297,464

3.72

Barry Shafran

6,967,934

87.05

1,036,619

12.95

Frederick Steiner

7,989,662

99.81

14,891

0.19

 

BDO Canada LLP was re-appointment as auditors for the ensuing year by 99.63% of the votes cast.

About Chesswood Group Limited 

Through two wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America's only publicly-traded commercial equipment finance company focused on small and medium-sized businesses.  Our Colorado-based Pawnee Leasing Corporation, founded in 1982, finances a highly diversified portfolio of commercial equipment leases and loans through established relationships with over 600 independent brokers in the lower 48 states.  In Canada, Blue Chip Leasing Corporation has been originating and servicing commercial equipment leases and loans since 1996, and today operates through a nationwide network of more than 50 independent brokers.

Based in Toronto, Canada, Chesswood's shares trade on the Toronto Stock Exchange under the symbol CHW.

To learn more about Chesswood Group Limited, visit www.ChesswoodGroup.com.
The separate websites of Chesswood Group Limited's operating businesses are at www.PawneeLeasing.com and www.BlueChipLeasing.com

NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

SOURCE Chesswood Group Limited

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