NICHOLAS FINANCIAL, INC. (NASDAQ:NICK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Nicholas Financial, Inc. held its Annual General Meeting of Shareholders on August23, 2018. The following tables detail the voting results:
Election of Directors
|
Shares Voted For |
SharesWithholding Authority |
BrokerNon-Votes |
|
|
Robin J. Hastings |
4,807,660 | 116,978 | 1,117,652 |
|
Jeffrey Royal |
4,828,312 | 96,326 | 1,117,652 |
|
Douglas Marohn |
4,853,670 | 70,968 | 1,117,652 |
The directors whose terms of office as directors continued after the meeting were Adam Peterson and Jeremy Zhu.
Ratification of Appointment of RSM US, LLP as Independent Auditors
|
Shares Voted For |
Shares Abstaining |
SharesVotedAgainst |
BrokerNon-Votes |
|
5,874,356 |
76,928 | 91,006 | — |
Advisory Vote on Executive Compensation (“Say on Pay”)
|
Shares Voted For |
Shares Abstaining |
SharesVotedAgainst |
BrokerNon-Votes |
|
3,858,146 |
495,576 | 570,916 | 1,117,652 |
About NICHOLAS FINANCIAL, INC. (NASDAQ:NICK)
Nicholas Financial, Inc. (Nicholas Financial-Canada) is a holding company. The Company’s business activities are conducted through its subsidiary, Nicholas Financial, Inc. (Nicholas Financial). Nicholas Financial is a specialized consumer finance company engaged primarily in acquiring and servicing automobile finance installment contracts (Contracts) for purchases of new and used automobiles and light trucks. Nicholas Financial also originates direct consumer loans (Direct Loans) and sells consumer-finance related products. Another subsidiary, Nicholas Data Services, Inc. (NDS), acts as the interim holding company for Nicholas Financial. The Company is engaged in the business of providing financing programs, primarily on behalf of purchasers of new and used cars and light trucks. The Company originates Direct Loans in Florida and North Carolina. As of March 31, 2016, the Company’s automobile finance programs were conducted in 18 states.