ADF Group Inc.
In accordance with its internal policies and guidelines, the Corporation diligently reports all relevant financial information. In addition, when the Corporation publishes its financial results or announces major contract awards or any other material information, it enforces a blackout period for its directors and managers, as well as for its personnel who wish to trade on ADF Group’s securities. For more detail, please refer to the Management Information Circular.
ADF Group Inc. Subordinate Voting Shares and Multiple Voting Shares are listed on the Toronto Stock Exchange (TSX) under the ticker symbol DRX.
NOTICE: By clicking on the TSX link, you will be leaving the ADF Group Inc. website and be redirected to another site over which ADF Group Inc. has no control.
Number of Issued and Outstanding Shares (as at January 31, 2021)
14,343,107 multiple voting shares (10 votes per share)
18,292,099 subordinate voting shares (1 vote per share)
Fiscal Year End
Fiscal year ended January 31, 2021
Conference Call with Investors and Financial Analysts: April 8, 2021 at 10:00 a.m. (Montreal Time)
A conference call was held on April 8, 2021 at 10:00 a.m. (Montreal Time) to discuss the results of the fiscal year ended January 31, 2021.
The audio of the conference call is available for 90 days by clicking here.
ANNUAL GENERAL MEETING OF SHAREHOLDERS – June 9, 2021
The Shareholders’ meeting will be held on June 9, 2021, at 11:00 a.m. (Eastern time) at ADF Group Inc.’s headquarters, located at 300 Henry-Bessemer Street in Terrebonne, Quebec Canada J6Y 1T3.
In light of current public health concerns related to the COVID-19 outbreak and in order to comply with measures imposed by the federal and provincial governments, the Corporation encourages shareholders and others not to attend the meeting in person. We ask shareholders to vote by proxy on the issues submitted to the meeting and to follow the proceedings online, via webcast. At the end of the meeting, shareholders will be able to submit their questions to the Corporation’s management via webcast.
The details and the link to the webcast will be available on the Corporation’s website at www.adfgroup.com in the weeks leading up to the Shareholders’ meeting. Management’s proxy forms and Circular for this meeting will be mailed to shareholders within the legal time frame for this purpose. The Corporation may take additional precautionary measures in relation to the meeting in response to further developments in the COVID-19 outbreak.
Corporate Dividend Policy
Directors decided, during the fiscal year ended January 31, 2012, to start declaring and paying a cash dividend on a semi-annual basis. At the time of the payment of dividends, the Board of Directors will consider a number of factors, which will determine the amounts thereof, including the Corporation’s current and expected net earnings, cash flows and capital requirements, while complying with the rules governing the Corporation. Nothing can guarantee the amount of the dividends or when they will be declared or paid in the future. The Board of Directors may review this policy from time to time.
The holders of outstanding Multiple Voting Shares and the Subordinate Voting Shares are entitled to receive dividends on a share-for-share basis out of the assets legally available therefore at such times and in such amounts as the Board of Directors of the Corporation may determine, but without preference or distinction among or between the Multiple Voting Shares and the Subordinate Voting Shares.
For more details, please consult ADF Group Inc.’s most recent Annual Information Form [PDF].
Dividends paid by ADF Group Inc. to Canadian residents are eligible dividends for Canadian income tax purposes.
On April 7, 2021, ADF Group’s Board of Directors approved the payment of a semi-annual dividend of $0.01 per share, which has been paid on May 17, 2021 to shareholders of record as at April 30, 2021.
1250 René Lévesque Boulevard West, Suite 2500
Montreal, Quebec, Canada H3B 4Y1
Transfer Agent and Registrar
The transfer agent and registrar of the Corporation’s Subordinate Voting Shares is: Computershare Investor Services Inc.
Computershare Investor Services Inc.
1500 Robert-Bourassa Boulevard, Suite 700
Montreal, Quebec, Canada H3A 3S8
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