02:18 PM EDT, 06/05/2024 (MT Newswires) -- Mithaq Capital SPC, the largest shareholder of Aimia ( AIMFF ) , on Wednesday said it filed a dissident proxy circular in connection with the upcoming annual meeting of Aimia ( AIMFF ) shareholders on June 26.

Mithaq said it is continuing its proxy battle "because of its ongoing concerns with the strategic direction and corporate governance practice of Aimia's ( AIMFF ) leadership".

Mithaq controls 26.8 million Aimia ( AIMFF ) shares, a 26.98% stake in the investment holding company.

Mithaq is looking for shareholders to back its six nominees for Aimia's ( AIMFF ) board.

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