お知らせ • Sep 04
Berger Montague (Canada) PC Announces Shareholder Class Action Issues Against Chesswood Group Limited Berger Montague (Canada) PC announced that a shareholder class action was issued against Chesswood Group Limited. On July 22, 2024, Chesswood released a statement that it would need to restate its First Quarter financial statements and MD&A as they related to the syndicated revolving credit facility, the breach of the debt covenants, suspension of borrowing capacity and originations by its subsidiaries Pawnee and Rifco; and implicitly reported that it still could not file its continuous disclosure core documents for the period of First Quarter and Second Quarter 2024. The market impact of this negative material fact news was harsh and immediate on Chesswood's securities; sending Chesswood's share price from $2.81 to $2.66, which continued to fall through the next day down to $2.35. By August 15, 2024, however, Chesswood's securities closed at $0.90, without the ability to release financial statements, and having been forced to sell substantial assets to HB Leaseco Holdings Ltd. (a company affiliated with one of Chesswood's directors). As of September 3, 2024, the Ontario Securities Commission (OSC) revoked Chesswood's ability to allow secondary market trading of its securities and Chesswood has acknowledged that it may need to restate its financial statements released during 2023. The Plaintiff and putative Classes suffered a foreseeable economic loss from the market impact of the Public Corrective Disclosures contradicting the material fact statements and the destruction to the corporation as described within the impugned documents. お知らせ • Jul 30
Chesswood Group Limited Announces Resignation of Daniel Wittlin as Director Chesswood Group Limited announced that Daniel Wittlin has resigned as a director of the Company, effective immediately. Mr. Wittlin has advised that he has resigned in order to be able to devote the necessary time to his other operating companies, and also to better manage his potential conflicts of interest resulting from his significant indirect minority interest in the Company's Canadian subsidiaries and his indirect interest in a potential purchaser of the Company's majority interests in those subsidiaries. お知らせ • Mar 02
Chesswood Group Limited, Annual General Meeting, May 15, 2024 Chesswood Group Limited, Annual General Meeting, May 15, 2024. お知らせ • Jan 10
Chesswood Group Limited Announces the Resignation of Jeff Fields as Director Chesswood Group Limited announced that Jeff Fields has resigned from Chesswood's Board of Directors in order to focus on his newly assumed role at an alternative investment advisory firm. お知らせ • Dec 19
Chesswood Group Limited Announces a Dividend for the Month of December, Payable on January 15, 2024 Chesswood Group Limited announced that a dividend in an amount of one cent ($0.01) per share has been declared for the month of December, payable on January 15, 2024, to shareholders of record at the close of business on December 29, 2023. お知らせ • Nov 22
Chesswood Group Limited Announces Dividend for the Month of November 2023, Payable on December 15, 2023 Chesswood Group Limited announced that a dividend in an amount of one cent ($0.01) per share has been declared for the month of November, payable on December 15, 2023, to shareholders of record at the close of business on November 30, 2023. お知らせ • Nov 09
Chesswood Group Limited Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023 Chesswood Group Limited reported net charge-offs for the third quarter ended September 30, 2023. For the quarter, the company reported net charge-offs of CAD 17,315,000 against CAD 5,542,000 a year ago. お知らせ • Oct 20
Chesswood Group Limited Announces October 2023 Dividend, Payable on November 15, 2023 Chesswood Group Limited announced that a dividend in an amount of one cent ($0.01) per share has been declared for the month of October, payable on November 15, 2023, to shareholders of record at the close of business on October 31, 2023. お知らせ • Sep 20
Chesswood Group Limited Announces September 2023 Dividend, payable on October 16, 2023 Chesswood Group Limited announced that a dividend in an amount of one cent ($0.01) per share has been declared for the month of September, payable on October 16, 2023, to shareholders of record at the close of business on September 29, 2023. Chesswood advised that the dividend declared for the month ending September 30, 2023 will be an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar provincial legislation. お知らせ • Aug 23
Chesswood Group Limited Announces August 2023 Dividend, Payable on September 15, 2023 Chesswood Group Limited announced that a dividend in an amount of 5 cents ($0.05) per share has been declared for the month of August, payable on September 15, 2023, to shareholders of record at the close of business on August 31, 2023. お知らせ • Jul 22
Chesswood Group Limited Announces July 2023 Dividend, Payable on August 15, 2023 Chesswood Group Limited announced that a dividend in an amount of five cents ($0.05) per share has been declared for the month of July, payable on August 15, 2023, to shareholders of record at the close of business on July 31, 2023. お知らせ • Jun 22
Chesswood Group Limited Announces Dividend for the Month Ending June 30, 2023, Payable on July 17, 2023 Chesswood Group Limited announced that a dividend in an amount of five cents ($0.05) per share has been declared for the month ending June 30, 2023, payable on July 17, 2023, to shareholders of record at the close of business on June 30, 2023. お知らせ • May 20
Chesswood Group Limited Announces May 2023 Dividend, Payable on June 15, 2023 Chesswood Group Limited announced that a dividend in an amount of five cents ($0.05) per share has been declared for the month of May, payable on June 15, 2023, to shareholders of record at the close of business on May 31, 2023. お知らせ • Feb 17
Chesswood Group Limited Announces February 2023 Dividend, Payable on March 15, 2023 Chesswood Group Limited announced that a dividend in an amount of five cents ($0.05) per share has been declared for the month of February, payable on March 15, 2023, to shareholders of record at the close of business on February 28, 2023. お知らせ • Jan 21
Chesswood Group Limited Declares January 2023 Dividend, Payable on February 15, 2023 Chesswood Group Limited announced that a dividend in an amount of five cents per share ($0.05) has been declared for the month of January, payable on February 15, 2023, to shareholders of record at the close of business on January 31, 2023. お知らせ • Mar 12
Chesswood Group Limited Announces Management Changes Lisa Stevenson is retiring as Chesswood Group Limited's Chief Financial Officer on March 19, 2021. Tobias Rajchel, who is currently Chesswood's Vice-President Finance, will become Chesswood's interim Chief Financial Officer. お知らせ • Jul 01
Chesswood Group Announces Management Changes Chesswood Group Limited announced that Barry Shafran, Chesswood's President and Chief Executive Officer, will be retiring on August 31, 2020. Ryan Marr, who recently joined Chesswood as a strategic advisor, has been appointed as Chesswood's new President and Chief Executive Officer. Until his retirement, Mr. Shafran remains as a Chesswood executive and will assist with the management transition.