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.