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  5. GSY: As a shareholder I got the invitation to virtual annual meeting and beside other questions in the agenda they mentioned APPROVAL OF SHARE SPLIT. [goeasy Ltd.]
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Q: As a shareholder I got the invitation to virtual annual meeting and beside other questions in the agenda they mentioned APPROVAL OF SHARE SPLIT. I didn't find any reference to this actions neither in the company news not within external soources. Have you haerd something about that? Thank you for great service!
Asked by Galina on April 11, 2024
5i Research Answer:

We can't find a press release or other mention on this, but it is indeed in the Management Information Circular, seeking approval for a 2:1 up to a 4:1 split prior to the 2025 annual meeting. Any split, even with a positive vote, will still be entirely at the discretion of the Board, so nothing is guaranteed here. But investors like splits (though there is no mathematical different) and we would take this as quite positive overall.