Just Energy Issues Statement Concerning Shareholder Meeting Requisition From Rob Snyder
March 18, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
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Just Energy Group Inc. issued the following news release concerning the request from Rob Snyder, as Trustee for The Robert L. Snyder Trust - 2005 Stream, for a special meeting of the shareholders to consider modifying the size of the company's Board of Directors, to remove certain current board members, and to consider various individuals to fill vacancies created by such proposed action
"TORONTO, March 18, 2020 -- Just Energy Group Inc. ("Just Energy") or (the "Company") (TSX:JE; NYSE:JE) confirms that on March 17, 2020 it received a letter from the Robert L. Snyder Trust – 2005 Stream ("Snyder"), a shareholder beneficially holding more than 5% of the common shares of Just Energy, requisitioning a Just Energy shareholder meeting.
"Just Energy is currently reviewing the request and will respond in due course. The Company’s previously announced strategic review remains active and Just Energy expects to announce the outcome of the review by June 30, 2020. There is no action for shareholders to take at this time. The Company will update shareholders as appropriate.
"Given the rapidly evolving COVID-19 pandemic currently spreading across the globe, Just Energy’s priority is the safety and well-being of its employees and ensuring the Company’s business continuity plans are carefully executed."