Home Capital Group Inc. to Report Second Quarter 2017 Financial Results and Host Conference Call with Incoming CEO, Yousry Bissada; Announces Special Meeting Notice

TORONTO, July 31, 2017 /CNW/ - Home Capital Group Inc. (TSX: HCG) ("Home Capital" or "the Company") will report second quarter 2017 financial results for the three months and six months ended June 30, 2017 on Wednesday, August 2, 2017, after the close of market.

Home Capital will host an audio conference call webcast the following day, on Thursday, August 3, 2017, at 8:30 a.m. ET. Yousry Bissada, Home Capital's incoming Chief Executive Officer, Bonita Then, Interim Chief Executive Officer, Robert Blowes, Interim Chief Financial Officer, along with other members of the executive management team will discuss the Company's second quarter financial results followed by a question-and-answer period with analysts. The conference call is expected to last approximately 60 minutes.

Second Quarter 2017 Financial Results Conference Call Details

Participants are asked to dial-in approximately 10 minutes in advance of the start of the call in Toronto at 647-427-7450 or toll-free at 1-888-231-8191 throughout North America.

The call will also be accessible in listen-only mode on Home Capital's website at www.homecapital.com in the Investor Relations section of the website.

Conference Call Archive

A telephone replay of the call will be available between 11:30 a.m. ET Thursday, August 3, 2017 and 12:00 a.m. ET Thursday, August 10, 2017 by calling 416-849-0833 or 1-855-859-2056 (enter passcode 51553293). The archived audio webcast will be available for 90 days on CNW Group's website at www.newswire.ca and on Home Capital's website at www.homecapital.com.

Special Meeting Notice

The Company today announced that it has set the record and meeting date for the special meeting of its shareholders to consider an additional investment of 23,955,420 Common Shares of the Company by a wholly-owned subsidiary of Berkshire Hathaway Inc. ("Berkshire"), on a private placement basis.

Shareholders of record as of the close of business on August 8, 2017 will be entitled to vote at the special meeting, which will be held on September 12, 2017. The additional investment by Berkshire must be approved by a majority of votes cast at the special meeting, excluding the Common Shares of the Company beneficially held by Berkshire, or over which it exercises control or direction. The Company expects to file the Management Information Circular and Form of Proxy for the special meeting no later than August 21, 2017. 

Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of insured residential first mortgage products, consumer lending and credit card services. In addition, Home Trust offers deposits via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.

SOURCE Home Capital Group Inc.

For further information: Laura Lepore, Assistant Vice President, Investor Relations, 416-933-5652, laura.lepore@hometrust.ca


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