We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| SilverBow Resources Inc | NYSE:SBOW | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.43 | 1.14% | 38.00 | 38.07 | 37.44 | 37.55 | 476,020 | 22:30:00 |
From Jun 2024 to Jun 2024
NEW YORK and DENVER, May 22, 2024 /PRNewswire/ -- Kimmeridge, an alternative asset manager focused on the energy sector and the largest shareholder of SilverBow Resources (NYSE: SBOW) ("SilverBow" or the "Company"), today announced the withdrawal of its independent nominees to SilverBow's Board of Directors (the "Board") in light of the Company's pending sale to Crescent Energy.
Ben Dell, Co-Founder and Managing Partner of Kimmeridge, said, "While we are disappointed that SilverBow's Board does not appear to have run a comprehensive sales process, our campaign was always underpinned by a strong belief that consolidation is in the best interests of shareholders. That's why we took the time in February to privately outline to the Board eight potential strategic transactions the Company should consider to drive value creation.
We are thankful for the overwhelming support of Kimmeridge's slate of independent Board nominees from the investment community, which helped catalyze this transaction. We believe that the proposed sale of the Company obviates the need for Board change at this time."
About Kimmeridge
Founded in 2012 by Ben Dell, Dr. Neil McMahon and Henry Makansi, Kimmeridge is an alternative asset manager focused on the energy sector. The firm is differentiated by its direct investment approach, deep technical knowledge, active portfolio management, proven sustainability track record and proprietary research and data gathering.
Media
Daniel Yunger / Anntal Silver / Emma Cloyd
Kekst CNC
Kekst-Kimmeridge@kekstcnc.com
Important Information About the Gold Proxy Card
Gold proxy cards that have been properly signed and returned to Kimmeridge or its agents will be voted as directed, except that any votes for Kimmeridge's nominees on such cards will be disregarded and will not be voted at SilverBow's 2024 Annual Meeting. Any votes marked for the Company's nominees on the gold proxy card will be voted as directed at SilverBow's 2024 Annual Meeting.
View original content to download multimedia:https://www.prnewswire.com/news-releases/kimmeridge-withdraws-independent-nominees-to-silverbows-board-following-companys-definitive-agreement-with-crescent-energy-302152167.html
SOURCE Kimmeridge
Copyright 2024 PR Newswire
1 Year SilverBow Resources Chart |
1 Month SilverBow Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
