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Stock impact report

SCULLY ROYALTY PROVIDES UPDATE ON ANNUAL GENERAL MEETING

Scully Royalty Ltd. (SRL) 
Company Research Source: PR Newswire
NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL) provided today an update with respect to its annual general meeting (the "Meeting") currently scheduled for December 27, 2025, following the filing by MILFAM LLC ("MILFAM") of a purported dissident proxy circular on December 8, 2025 to nominate five individuals to the Company's board of directors.The dissident circular followed MILFAM's notice to the Company that it intended to nominate its own slate of directors at the Meeting.  Because MILFAM failed to comply with the requirements for director nominations prescribed by the Company's advance notice provisions, including the required notice timeline, which are binding on all shareholders of the Company, the Company advised MILFAM that its director nominations were invalid and would not be considered at the Meeting.  Despite this, MILFAM chose to unilaterally file its dissident circular seeking to unnecessarily disrupt the Meeting and create confusi Show less Read more
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