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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Methanex Corporation | NASDAQ:MEOH | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 1.05% | 48.27 | 46.36 | 53.48 | 48.80 | 47.22 | 47.66 | 490,873 | 01:00:00 |
In reaching its recommendation, Glass Lewis stated the following:
About Methanex’s track record of balancing profitable growth and returning cash to shareholders:
About Methanex’s corporate governance and board composition:
About the Geismar 3 opportunity:
In response to the Glass Lewis Report, Methanex President & Chief Executive Officer, John Floren, said the following: “The Glass Lewis Report reinforces our board’s stewardship and rigorous and disciplined approach to every major investment decision, with a focus on creating shareholder value. It also echoes what we have been hearing from shareholders in recent weeks who support our balanced approach to profitable growth with a commitment to returning cash to shareholders while maintaining a strong balance sheet. As the voting deadline nears, I encourage all shareholders to reject M&G’s singular focus on divesting, not investing in Methanex’s growth and vote “FOR” all of management’s nominees.”
Voting is Now OpenShareholders are urged to vote management’s WHITE proxy form or voting instruction form FOR only management’s 11 director nominees before April 23, 2019 at 10:30 a.m. (Vancouver time) and WITHHOLD on M&G’s nominees.Disregard any blue proxy you might receive from M&G.Voting is now open. If you have questions or need help voting, contact Kingsdale Advisors at 1-888-327-0821 or at contactus@kingsdaleadvisors.com.
For further information, contact:
Kim CampbellManager, Investor RelationsMethanex Corporation604 661-2600 or Toll Free: 1 800 661 8851www.methanex.com
Ian RobertsonExecutive Vice President, Communication StrategyKingsdale AdvisorsDirect: 416-867-2333Cell: 647-621-2646Email: irobertson@kingsdaleadvisors.com
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