Scully Royalty sets meeting and Scully Royalty stock trades at EUR 4.45 versus EUR 4.44

Published on 10/05/2026 at 07:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

A January 12, 2027 meeting will address resolutions backed by 20 percent voting rights. Scully Royalty stock costs EUR 4.45 on October 5, 2026 after EUR 4.44.

SRL, KYG7T96K1077, Illustration mit AI erstellt.

Scully Royalty (ISIN KYG7T96K1077) was trading at EUR 4.45 at Lang & Schwarz on October 5, 2026 at 7:32 a.m. CEST, versus the EUR 4.44 prior close. According to StockTitan on October 2, 2026, the company set a January 12, 2027 extraordinary shareholder meeting after members with 20 percent of the relevant voting rights submitted a written request.

Shareholder meeting sets next test

The meeting is scheduled for 10:00 a.m. Hong Kong time in Hong Kong. The filing says shareholders will vote on resolutions requested by the requisitioning members, while the board will publish the full text in the meeting notice.

The date gives SRL investors a concrete governance milestone after a period of corporate changes. The voting threshold matters because it identifies the ownership block behind the meeting request, rather than describing a routine annual gathering.

Two directors join the board

On October 2, 2026, Scully Royalty announced the appointment of Ho Kwun Cheong and Yu Chi Kong to its board, according to TheNewswire. The release describes Ho as a solicitor and Yu as an executive with experience in infrastructure, enterprise architecture and operations.

That announcement puts board composition alongside the January meeting as the central company-specific issue. The governance thread is also relevant because Scully said in a September 29, 2026 release that it was commencing legal action against former CEO Samuel Morrow and related parties to recover CAD 2.10 million in allegedly misappropriated funds, according to StockTitan.

Royalty model remains central

Scully Royalty says its core asset is a net revenue royalty on iron ore shipped from the Scully Iron Ore Mine in Newfoundland and Labrador, Canada. Its website lists a historical 2022 gross royalty figure of CAD 28.50 million and a 7.0 percent net revenue royalty, alongside merchant banking and industrial interests.

The mine is described as having capacity of six million tonnes per year and an iron content above 65 percent. These operating figures provide the asset context for SRL, while the governance announcements provide the nearer-term corporate context.

SRL price stays near EUR 4.45

SRL was trading at EUR 4.45 at Lang & Schwarz on October 5, 2026 at 7:32 a.m. CEST, up plus 0.23 percent versus the EUR 4.44 prior close. On the NYSE, the stock was last at USD 5.40 on October 2, 2026 at 3:59 p.m. ET; its 52-week range was USD 4.21 to USD 10.39 and market capitalization was USD 82.20 million at that snapshot.