Aquila to File for Extension of 10-K Report; Company Announces June 4 Annual Meeting Date.Business Editors KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--March 28, 2003 Aquila, Inc. (NYSE NYSE See: New York Stock Exchange :ILA ILA abbr. insulinlike activity ) announced today that it will notify the Securities and Exchange Commission of its intent to seek the permitted 15-day extension and file its year-end financial results on or before April 15, 2003. This will allow the company and its auditors sufficient time to complete its audited financial statements. At the time of the 10-K filing, management will hold a conference call to discuss a number of issues, including: -- Fourth-quarter and year-end results -- Update on its refinancing Due to the 10-K filing delay, Aquila will distribute its proxy materials Proxy Materials Documents regulated by the Securities & Exchange Commission in which a public company outlines its methods and procedures. These documents are used to inform shareholders and solicit votes for corporate decisions, such as the election of directors and other later than in previous years. To allow sufficient time for shareholders to review the information before voting, Aquila's Board of Directors has rescheduled its annual meeting of shareholders for 2:00 p.m., June 4, 2003, at Starlight star·light n. The light from the stars. starlight Noun the light that comes from the stars Noun 1. Theater, 6601 Swope Parkway, Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. . Separately, the company commented that it is continuing its efforts to refinance its current bank facilities. Aquila expects to release details related to these efforts soon. Based in Kansas City, Missouri, Aquila operates electricity and natural gas distribution networks serving customers in seven states and in Canada, the United Kingdom and Australia. The company also owns and operates power generation assets. At September 30, 2002, Aquila had total assets of $10.7 billion. More information is available at www.aquila.com. |
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