Just Energy Announces Postponement of Special Meetings of Securityholders and Annual General Meeting of Shareholders
August 25, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Just Energy Group Inc. ('Just Energy' or the 'Company') today announced the postponement of its special meetings of securityholders and the Annual General Meeting of shareholders, "to enable the Company to continue ongoing discussions with certain of its debtholders."
"The Company anticipates providing an update later in the day," Just Energy said
The special meeting of shareholders and applicable creditor classes was originally set for August 25, 2020 to consider and vote on the Company’s plan to recapitalize the business via a Plan of Arrangement under the Canada Business Corporations Act, initially announced on July 8, 2020. See background on the recapitalization plan and board renewal here