Vanguard Natural Resources adjourns annual unitholders' meeting.
M2 EQUITYBITES-June 7, 2013-Vanguard Natural Resources adjourns annual unitholders' meeting(C)2013 M2 COMMUNICATIONS http://www.m2.com
Vanguard Natural Resources LLC (NASDAQ:VNR), an acquirer and developer of oil and natural gas properties, said on Thursday that it held its annual unitholders' meeting the same day and since the results of the proposals considered under its definitive proxy statement filed with the US Securities and Exchange Commission were inconclusive, the meeting was adjourned till 17 July 2013.
Unitholders voted approval of the first and second proposals in the proxy, while insufficient votes were cast to comply with the quorum requirements under Nasdaq listing rules for proposal 3 and therefore, the company adjourned the meeting till 10:30 CST on the mentioned date at its headquarters in 5847 San Felipe, Suite 3000, Houston, Texas 77057, to allow additional time to solicit unit-holder votes.
Additionally, the company said that its unitholders elected Scott W Smith, W Richard Anderson, Loren Singletary and Bruce W McCullough to serve until the 2014 annual meeting or until his successor is duly elected and qualified, or until his earlier death, resignation or removal. Also, BDO USA LLP's selection as the independent registered public accounting firm for the year ending 31 December 2013, was ratified by the unitholders.
The company further urged unitholders who have not yet voted or wish to change their vote on the third proposal to do so by mail or through the Internet using the instructions provided on the proxy ballot and it engaged AST Phoenix Advisors, a division of American Stock Transfer & Trust Company LLC, to provide proxy solicitation services related to the 2013 annual meeting.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jun 7, 2013|
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