- Vote on the WHITE MANAGEMENT PROXY Today! Deadline is
10:30 AM (Toronto time) on Monday, June 24, 2024
- ISS recommends Aimia shareholders to vote FOR all management
nominees
- Have questions? Need help voting? Contact Kingsdale Advisors on
1-800-495-6389 (North
America toll free); text or call 1-647-251-9706
(outside North America); or
email contactus@kingsdaleadvisors.com
TORONTO, June 20,
2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or
the "Company") today released a reminder for shareholders to vote
ahead of the Company's Annual General Meeting of Shareholders (the
"Meeting") scheduled to be held on June 26,
2024. Aimia thanks shareholders who have already voted their
shares FOR all management nominees to the Board of Directors (the
"Board") and urges those who have not yet voted, to act promptly to
protect their investment.
Aimia has a refreshed board and management and has initiated a
comprehensive strategic review to unlock value in its portfolio of
assets and return that value to all shareholders. A video released
earlier this week on the Company's strategic actions to unlock
shareholder value is available here:
https://www.aimia.com/investor-relations/proxy-circulars-offer-documents/.
Shareholders are strongly encouraged to VOTE TODAY AND ONLY
FOR: Tom Finke, Robert
Feingold, Linda Habgood,
Thomas Little, James Scarlett, Ioannis
(Yannis) Skoufalos, and Jordan
Teramo. These seven highly skilled management nominees have
received the endorsement of leading independent proxy advisory firm
Institutional Shareholder Services ("ISS") and are dedicated to
creating value for all shareholders and operating with the highest
levels of integrity.
In contrast, Mithaq – whose dissident slate was rejected by ISS
– intends to rapidly liquidate assets and invest the cash in stocks
of their choosing, despite an unproven track record of successful
portfolio management and disregarding investors' desire for a
return of their capital. This approach, along with Mithaq's
misleading statements and persistent efforts to misguide
shareholders, represents a significant threat to the Company's
stability and ability to unlock value in its core assets.
As advised earlier, the Meeting will be conducted by an
independent chair advised by independent counsel and may be
contested. To attend at the Meeting, one must be either a
registered shareholder or a duly appointed
proxyholder. Please follow the instructions on your VIF
form and from your custodian or broker to ensure that your proxy is
properly submitted.
If the Meeting becomes a "contested meeting" (which occurs where
there is more than one candidate nominated for each position
available on the Board), any votes that are cast "AGAINST" any
nominee director on the Company's form of proxy will be treated as
"WITHHOLD" votes for purposes of tabulating the votes at the
Meeting in accordance with the Canada Business Corporation Act and
its regulations.
DON'T MISS YOUR LAST CHANCE. VOTE TODAY.
Act Now! The completed management proxy must be received no
later than 10:30 AM (Toronto time) on Monday, June 24, 2024, to make your vote
count.
The Management Information Circular (the "Circular") and related
materials for the Meeting are available under the Company's profile
on SEDAR+ at www.sedarplus.ca.
Shareholder Questions and
Assistance
If you have any questions or need assistance
voting, contact Kingsdale: Call 1-800-495-6389 (North America toll free); text or call
1-647-251-9706 (outside North
America); or email contactus@kingsdaleadvisors.com.
About Aimia
Aimia Inc. (TSX: AIM) is a diversified company focused on
unlocking the growth potential of its two global businesses,
Bozzetto, a sustainable specialty chemicals company, and Cortland
International, a rope and netting solutions company. Headquartered
in Toronto, Aimia's priorities
include monetizing its non-core investments, returning capital to
its shareholders, and efficiently utilizing its loss carry-forwards
to create shareholder value.
For more information about Aimia, visit www.aimia.com.
Forward-Looking Statements
This press release contains
statements that constitute "forward-looking information" within the
meaning of Canadian securities laws ("forward-looking statements"),
which are based upon our current expectations, estimates,
projections, assumptions and beliefs. All information that is not
clearly historical in nature may constitute forward-looking
statements. In some cases, forward- looking statements are
typically identified by the use of terms such as "expects" and
"expected". Forward-looking statements in this press release
include, but are not limited to, statements with respect to the
Meeting.
Forward-looking statements, by their nature, are based on
assumptions and are subject to known and unknown risks and
uncertainties, both general and specific, that contribute to the
possibility that the forward-looking statements will not occur and
actual results may differ materially from those that are disclosed
in or implied by forward-looking statements. The forward-looking
statements in this press release speak only as of the date hereof
and reflect several material factors, expectations and assumptions.
Undue reliance should not be placed on any predictions or
forward-looking statements as these may be affected by, among other
things, changing external events and general uncertainties of the
business. A discussion of the material risks applicable to us can
be found in our current Management Discussion and Analysis and
Annual Information Form, each of which have been or will be filed
on SEDAR+ and can be accessed at www.sedarplus.ca. Except as
required by applicable securities laws, forward-looking statements
speak only as of the date on which they are made and we disclaim
any intention and assumes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
SOURCE Aimia Inc.