ALLEGIANCE BANCSHARES, INC. TO HOLD VIRTUAL ANNUAL MEETING
April 08 2020 - 4:32PM
Allegiance Bancshares, Inc. (NASDAQ: ABTX) (the "Company"), the
holding company of Allegiance Bank (the "Bank"), today announced
that, due to the public health impact of the coronavirus (COVID-19)
pandemic and out of concern for the health and well-being of the
Company’s employees and shareholders, its Annual Meeting of
Shareholders, to be held on Thursday, April 23, 2020 at 1:30 p.m.
Central Time, has been changed to a virtual meeting. Shareholders
will not be able to attend the Annual Meeting in person this year.
Shareholders are entitled to participate in the Annual Meeting
if they were a registered shareholder as of the close of business
on February 28, 2020, the record date, or hold a legal proxy for
the meeting provided by the bank, broker or other nominee that
holds the shares on the shareholder’s behalf.
To take part in the Annual Meeting, shareholders can go to
www.meetingcenter.io/224798820 in a web browser. Further
information regarding this change to the location of the Annual
Meeting, including specific instructions for shareholders to log in
and access, vote at and otherwise participate in the Annual
Meeting, can be found in the proxy supplement filed by the Company
with the Securities and Exchange Commission (“SEC”) and furnished
to shareholders on April 8, 2020. Whether or not a shareholder
plans to attend the Annual Meeting by virtual means, the Company
urges its shareholders to vote and submit their proxy in advance of
the Annual Meeting by one of the methods described in the Company’s
Notice of Annual Meeting of Shareholders and Proxy Statement, dated
March 13, 2020, that was filed with the SEC and furnished to
shareholders.
Allegiance Bancshares, Inc.
As of December 31, 2019, Allegiance was a $4.99 billion
asset Houston, Texas-based bank holding company. Through its wholly
owned subsidiary, Allegiance Bank, Allegiance provides a
diversified range of commercial banking services primarily to small
to medium-sized businesses and individual customers in the Houston
region. Allegiance’s super-community banking strategy was designed
to foster strong customer relationships while benefiting from a
platform and scale that is competitive with larger local and
regional banks. As of December 31, 2019, Allegiance
Bank operated 27 full-service banking locations in the Houston
region, which we define as the Houston-The Woodlands-Sugar Land and
Beaumont-Port Arthur metropolitan statistical areas, with 26 bank
offices and one loan production office in the Houston metropolitan
area and one bank office location in Beaumont, just outside of the
Houston metropolitan area. Visit www.allegiancebank.com for more
information.
“Safe Harbor” Statement under the Private Securities
Litigation Reform Act of 1995
This release may contain forward-looking statements within the
meaning of the securities laws that are based on various facts and
derived utilizing important assumptions, present expectations,
estimates and projections about Allegiance and its subsidiaries.
Statements preceded by, followed by or that otherwise include the
words “believes,” “expects,” “continues,” “anticipates,” “intends,”
“projects,” “estimates,” “potential,” “plans” and similar
expressions or future or conditional verbs such as “will,”
“should,” “would,” “may” and “could” are generally forward-looking
in nature and not historical facts, although not all
forward-looking statements include the foregoing words.
Forward-looking statements include information concerning
Allegiance’s future financial performance, business and growth
strategy, projected plans and objectives, as well as projections of
macroeconomic and industry trends, which are inherently unreliable
due to the multiple factors that impact economic trends, and any
such variations may be material. Such forward-looking statements
are not guarantees of future performance and are subject to risks
and uncertainties, many of which are outside of Allegiance’s
control, which may cause actual results to differ materially from
those expressed or implied by the forward-looking statements. These
risks and uncertainties include but are not limited to whether
Allegiance can: continue to develop and maintain new and existing
customer and community relationships; successfully implement its
growth strategy, including identifying suitable acquisition targets
and integrating the businesses of acquired companies and banks;
sustain its current internal growth rate; provide quality and
competitive products and services that appeal to its customers;
continue to have access to debt and equity capital markets; and
achieve its performance objectives. These and various other risk
factors are discussed in Allegiance’s Annual Report on Form 10-K
for the fiscal year ended December 31, 2019 and in other reports
and statements Allegiance has filed with the Securities and
Exchange Commission. Copies of such filings are available for
download free of charge from the Investor Relations section of
Allegiance’s website at www.allegiancebank.com, under Financial
Information, SEC Filings. Any forward-looking statement made
by Allegiance in this release speaks only as of the date on which
it is made. Factors or events that could cause Allegiance’s actual
results to differ may emerge from time to time, and it is not
possible for Allegiance to predict all of them. Allegiance
undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future
developments or otherwise, except as may be required by law.
Allegiance Bancshares, Inc.8847
West Sam Houston Parkway N., Suite 200Houston, Texas
77040ir@allegiancebank.com
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