TORONTO, CANADA, May 19, 2022 - Stack Capital Group Inc., (“Stack Capital” or the “Company”) (TSX: STCK and STCK.WT) today announces that at its annual and special meeting of shareholders, held virtually on Wednesday, May 18th at 10am (ET), the four director nominees listed in Stack Capital’s management proxy circular dated March 24, 2022 (the "Circular") were elected as directors of Stack Capital. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.
Stack Capital shareholders also approved the appointment of PricewaterhouseCoopers LLP as the auditor of Stack Capital for the ensuing year and an ordinary resolution adopting an omnibus long-term incentive plan for Stack Capital, as more particularly set forth and described in the Circular.
About Stack Capital
Stack Capital is an investment holding company and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through Stack Capital, shareholders have the opportunity to gain exposure to a diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the Common Shares and Warrants on the TSX. At the same time, the public structure also allows the Company to focus its efforts on maximizing long-term performance through a portfolio of high growth businesses, which are not widely available to most Canadian investors. SC Partners Ltd. (the "Manager") has taken the initiative in creating the Company and acts as the Company's administrator and is responsible to source and advise with respect to all investments for the Company.
For more information please visit our website at www.stackcapitalgroup.com or contact:
VP, Corporate Development and Investor Relations