Business
OneMove Capital Requisitions Special Meeting of Shareholders at Sylogist Ltd., Nominates Four Highly-Qualified, Independent Director Candidates
OneMove Capital Ltd. ("OneMove"), an approximately 9.22% shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), announced today that it has requisitioned a Special Meeting of Shareholders (the "Special Meeting") and nominated four highly-qualified, independent director candidates - Edward Smith, Tyler Proud, Rhonda Bassett-Spiers, and Mary Filippelli (together, the "Nominees") - for election to the Sylogist Board of Directors (the "Board"). OneMove has also proposed the removal o
About this update from Sylogist Ltd.
[{"type":"text","content":"Issues Open Letter Highlighting Urgent Need for Board Refreshment to Address Prolonged Value Destruction, Misalignment, and Entrenchment","length":141,"tagName":"p","attribs":{}},{"type":"text","content":"Raises Serious Concern Regarding Board Oversight of CEO Search Process","length":75,"tagName":"p","attribs":{}},{"type":"text","content":"Outlines Clear Path to Value Creation Through Restored Financial Discipline and a Comprehensive Review of Strategic Alternatives","length":138,"tagName":"p","attribs":{}},{"type":"text","content":"BRIDGETOWN, Barbados, Feb. 4, 2026 /PRNewswire/ -- OneMove Capital Ltd. ("OneMove"), an approximately 9.22% shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), announced today that it has requisitioned a Special Meeting of Shareholders (the "Special Meeting") and nominated four highly-qualified, independent director candidates - Edward Smith, Tyler Proud, Rhonda Bassett-Spiers, and Mary Filippelli (together, the "Nominees") - for election to the Sylogist Board of Directors (the "Board"). OneMove has also proposed the removal of Barry Foster, J. Kim Fennell and Aziz Benmalek as directors. These actions are in response to prolonged value destruction, governance failures, and complete lack of accountability under the current Board.","length":817,"tagName":"p"},{"type":"text","content":"OneMove also issued an open letter to Sylogist shareholders highlighting the urgent need for Board refreshment as Sylogist's share price trades at decade-lows and the Company undertakes a search for a new Chief Executive Officer. In its letter, OneMove outlined a focused, multi-tiered plan to drive value creation, including restructuring the Company's financial profile, reassessing its partner channel, diversifying growth drivers, and initiating a comprehensive review of strategic alternatives, including a potential sale of the Company or share buybacks.","length":578,"tagName":"p"},{"type":"text","content":"The Special Meeting will allow shareholders to elect directors that they can trust, with the experience and independence required to partner with Interim CEO Craig O'Neill, oversee a credible CEO search, and execute a disciplined growth strategy.","length":250,"tagName":"p"},{"type":"text","content...