Guardian Capital Group Limited Announces Shareholder Approval of Previously Announced Plan of Arrangement

TORONTO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (“Guardian”) (TSX: GCG) (TSX: GCG.A) announced the approval by holders (the “Shareholders”) of Common shares and Class A shares of Guardian (together, the “Shares”) at a special meeting held today (the “Meeting”) of a resolution (the “Arrangement Resolution”) approving the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Desjardins Global Asset Management Inc. (the “Purchaser”), an affiliate of Desjardins Group, will acquire all of the issued and outstanding Shares, other than certain Shares owned by specified Shareholders who entered into equity rollover agreements, for C$68.00 per Share in cash.