2019 Canadian Proxy Season Review
The 2019 proxy season: Compensation and diversity led discussions, shareholder proposals doubled, and while board and transactional activism remained robust, the number of actual proxy fights was lower than last year. Laurel Hill Advisory Group has summarized the key trends, developments and takeaways from Canadian shareholder meetings this year to help you to prepare for next year.
Laurel Hill Recognized as Top 10 Proxy Solicitor Globally by Refinitiv’s Shareholder Activist Scorecard Second Independent Firm to Recognize Laurel Hill as a Leader in the Activist Arena.
Laurel Hill Recognized as Top 10 Proxy Solicitor Globally and Top Canadian firm by Activist Insight 2018 Intermediary Awards
NEW YORK and TORONTO, Jan. 15, 2019 /CNW/ - The Laurel Hill Advisory Group is pleased to announce that it has been recognized by the Activist Insight 2018 Intermediary Awards as a Top 10 Proxy Solicitation Firm globally. This is the second year in a row that Laurel Hill has been ranked in the Top 10 for its work on shareholder activist campaigns representing both issuers and activists.
WHAT OUR CLIENTS SAY ABOUT US
Proxy Contest Services in defense of the Board of Directors.
"Taseko has worked with the team at Laurel Hill for many years. When it came to the Requisitioned Meeting, Laurel Hill was an integral component of our team. Their insight and experience was key to forming our strategy which resulted in overwhelming support from our shareholders. In the end, the Dissidents withdrew their request prior to the proxy cut-off due to the lack of shareholder support. A landslide victory for Taseko and our shareholders."
– Ronald W. Thiessen, Chairman of the Board & Director, Taseko Mines Ltd.
Proxy Solicitation Services regarding the plan of arrangement with Geo-Jade Corp.
“When considering proxy solicitors, Bankers went to a bid process and chose Laurel Hill based on their successful track record and other referrals. Our experience on the transaction with Geo-Jade simply reinforced the choice –their attention to detail, insights, professionalism and commitment to results made sure we were well advised and obtained record voting from our shareholders.“
– Doug Urch, Executive Vice President, Finance and Chief Financial Officer, Bankers petroleum Ltd.