News Releases

February 12, 2015

Aberdeen Announces Intention to Make a Normal Course Issuer Bid and Provides Update

TORONTO, ONTARIO–(Marketwired – Feb. 12, 2015) – Aberdeen International Inc. (TSX:AAB) (“Aberdeen” or the “Company”), as part of its five point plan to create long-term value, announces its intention to make a Normal Course Issuer Bid (“NCIB”), subject to Toronto Stock Exchange (“Exchange”) approval, to buy back its common shares through the facilities of the Exchange. Any purchases made pursuant to the NCIB will be made in accordance with the rules of the TSX and in some instances may be effected through alternative Canadian trading platforms and will be made at the market price of the common shares at the time of the acquisition. The Board […]
February 2, 2015

Dissident Shareholders Agree To Withdraw Request for Shareholder Meeting After Proxy Results Show that Aberdeen Shareholders Support Current Board of Directors

TORONTO, ONTARIO–(Marketwired – Feb. 2, 2015) – Aberdeen International Inc. (“Aberdeen”) (TSX:AAB) announces that Meson Capital Partners LLC (“Meson Capital”) and Nightscape Capital (UK) LLP (“Nightscape Capital”) have withdrawn their request for a meeting of the shareholders of Aberdeen, and have agreed to dismiss their court application against Aberdeen and others. As a result of this agreement, the meeting of the shareholders of Aberdeen, scheduled for February 3, 2015, has been cancelled. As of the January 30, 2015 deadline to submit proxies for the shareholder meeting, the results of proxy voting demonstrated significant support for the current board and its plan to create long-term shareholder value in the midst of challenging […]
January 28, 2015

Aberdeen: Vote BLUE Proxy for the Current Board to Protect Your Investment

TORONTO, ONTARIO–(Marketwired – Jan. 28, 2015) – As support for the current board continues to grow, Aberdeen International Inc. (TSX:AAB) urges all shareholders to protect their investment by voting the BLUE proxy by 11:00am this Friday, January 30th to reject dissidents Ryan Morris and Nightscape Capital’s cashless takeover attempt. “This isn’t a choice about individuals. This is a choice about two fundamentally different visions for the future of your investment,” said David Stein, CEO of Aberdeen International. “One, pushed by Ryan Morris and Nightscape Capital, is marked by a reckless, short-term plan for immediate value destruction through a fire sale. The other, presented by Aberdeen’s current board, will create long-term shareholder value in the midst of challenging market […]
January 26, 2015

Another Independent Proxy Adviser Joins Growing List of Support for Aberdeen

TORONTO, ONTARIO–(Marketwired – Jan. 26, 2015) – Aberdeen International Inc. (TSX:AAB) highlights leading independent proxy advisory firm Glass Lewis’ support for the current board. While Glass Lewis is the latest in a growing list of objective third parties to support Aberdeen’s board and reject the cashless takeover attempt by Ryan Morris and Nightscape Capital, Aberdeen urged all shareholders to vote the BLUE proxy to send a strong message to Ryan Morris and Nightscape Capital that a cashless takeover at their expense will not be tolerated. While Ryan Morris and Nightscape Capital continue to fight tooth and nail at the expense of all other long-term Aberdeen shareholders to preserve their failing take-over attempt, the facts and opposition to their value destroying […]
January 21, 2015

Support Continues to Grow for Current Aberdeen Board

TORONTO, ONTARIO–(Marketwired – Jan. 21, 2015) – Court sides with Aberdeen, rejects dissidents ‘ position, and awards costs against the dissidents ISS recommends shareholders reject dissidents ‘ attempt to take control of Aberdeen Shareholders express concern about Ryan Morris ‘ previous complaints to the SEC and possible criminal investigation in Mexico Aberdeen International Inc. (TSX:AAB) thanked shareholders for their overwhelming support of the current board of directors, highlighted the growing number of endorsements for the company’s position and addressed mounting shareholder concern about the controversies swirling around Ryan Morris. Just six days after leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) recommended that shareholders reject Ryan’s attempt to take control of Aberdeen’s board of directors, the facts and […]