Park Lawn Company Limited

Equities

PRL

CA7005601058

Delayed Canadian Securities Exchange Other stock markets			5-day change	1st Jan Change
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05-08	Propel Holdings Posts Q1 Earnings and Revenues Beat and Lifts Dividend	MT
05-08	Propel Holdings Brief: Says This represents an increase of 8% and the Co's fourth dividend increase since the beginning of 2023	MT

Park Lawn : Announces Results of Special Meeting of Shareholders

February 05, 2020 at 04:28 pm

TORONTO, Feb. 5, 2020 /CNW/ - Park Lawn Company Limited (the "Company") (CSE Symbol: PRL) is pleased to announce that at a special meeting of shareholders held yesterday (the "Meeting") common shareholders approved a special resolution to implement a consolidation of the common shares (the "Common Shares") in order to effect a going private transaction involving the Company. In addition, shareholders approved a special resolution to delist the common shares of the Company from the Canadian Stock Exchange and to also make application to the Ontario Securities Commission for an order that the Company has ceased to be a reporting issuer. Both special resolutions were approved by a majority of the shareholders who voted on the matter at the Meeting and also by a "majority of the minority" shareholders who voted on the matter at the Meeting.

Further details regarding the Share Consolidation are contained in Company's Management Information Circular dated December 16, 2019 available at www.sedar.com and at www.thecse.com.

About Park Lawn

In addition to its continued involvement in the development of the 57 Linelle Street site, Park Lawn Company Limited holds 37,092 shares of Park Lawn Corporation.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Park Lawn Company Limited

Latest news about Park Lawn Company Limited

Propel Holdings Posts Q1 Earnings and Revenues Beat and Lifts Dividend	05-08	MT
Propel Holdings Brief: Says This represents an increase of 8% and the Co's fourth dividend increase since the beginning of 2023	05-08	MT
Propel Holdings Brief: Approved a further increase to its dividend from C$0.48 to C$0.52 per share on an annualized basis, effective Q2 2024	05-08	MT
Propel Holdings Brief: Adjusted Net Income increased by 84% to US$15.3 million in Q1 2024, representing record quarterly performance	05-08	MT
Propel Holdings Launches Insurance Product in Partnership with Walnut and TGI; PRL Jumped 13.3% on Monday	04-09	MT
Propel Holdings Rises 4%, Raymond James Increases Price Target to $31	03-13	MT
Propel Holdings Brief: Q4 Adjusted Diluted EPS increased by 59% to $0.29 (C$0.40) in Q4 2023	03-12	MT
Propel Holdings Brief: Q4 Revenue increased by 54% to $96.0 million in Q4 2023	03-12	MT
Propel Holdings Brief: Also declared a dividend of C$0.12 per common share, payable on March 5, 2024 to shareholders of record as at close of business on February 13, 2024	02-06	MT
Propel Holdings Brief: Says Has approved an increase to its dividend from C$0.42 to C$0.48 per common share on an annualized basis, effective Q1 2024	02-06	MT
Propel Holdings Reports Q3 2022 Adjusted Profit of US$8.5 Million, Announces Dividend Increase	11-07	MT
Propel Holdings Brief: Approved an increase to its dividend from C$0.40 to C$0.42 per share on an annualized basis, effective Q4 2023	11-07	MT
Propel Holdings Brief: Adjusted Diluted EPS increased by 115% to $0.23 (C$0.31) in Q3 2023	11-07	MT
Propel Holdings Brief: Adjusted Net Income increased by 123% to US$8.5 million in Q3 2023; Announced Dividend Increase	11-07	MT
Propel Holdings Announcing Normal Course Issuer Bid	23-09-07	MT
Propel Holdings Brief: Announcing Normal Course Issuer Bid	23-09-07	MT
Propel Holdings Brief: Revenue increased by 33% to US$71.7 million in Q2 2023; Adjusted Diluted EPS increased by 96% to $0.23 in Q2 2023	23-08-10	MT
Pathward Joins Forces With Propel to Launch New Line of Credit For Credit-Challenged Consumers	23-06-20	MT
RBC Capital Markets Says Fintech Companies Including Lightspeed Note Relative Stability	23-06-14	MT
Propel Holdings Brief: Adjusted Net Income increased by 48% to US$8.3 million in Q1 2023, representing record quarterly performance	23-05-09	MT
Propel Holdings Swings to Profit in Q4, Revenue Rises; Cuts Outlook for 2023	23-03-22	MT
Propel Holdings Brief: Adjusted Net Income increased by 549% to $6.7 million in Q4 2022	23-03-22	MT
Propel Holdings Brief: Revenue: increased by 52% to $62.5 million in Q4 2022	23-03-22	MT
Propel Holdings Arranges New $250 Million Syndicated Credit Facility	23-02-24	MT
Propel Holdings Brief: Announcing New $250 Million Syndicated Credit Facility	23-02-24	MT

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Company Profile

Park Lawn Co Ltd is a Canada-based company, which is engaged in real estate development activities. The Company owns interest in approximately 2.9-acre parcel of land located at 57 Linelle Street, Toronto, Ontario. The Company also owns the house and land located at 53 Linelle Street, Toronto, Ontario. Its 53 Linelle Street property is located adjacent to the 57 Linelle Street property. The Company's subsidiaries include Kening Properties Limited and Westside Cemetery Holdings Limited.

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