Just Energy Sets Date for Shareholder Meeting
April 06 2020 - 5:00PM
Just Energy Group Inc. (“
Just Energy” or the
“
Company”) (TSX:JE) (NYSE:JE) announced today that
it will hold its annual and special meeting of shareholders (the
“Meeting”) on August 11, 2020
.
The meeting will deal with normal course
matters, matters related to the requisition for a special meeting
of shareholders received by Robert L. Snyder Trust – 2005 Stream
(“Snyder”) and any other necessary business. The date
selected reflects the impact of the ongoing COVID-19 pandemic,
associated restrictions on public gatherings, and the difficulties
in holding a potentially contested virtual-only meeting in
Canada.
Shareholders will receive detailed information
about the matters presented at the Meeting and how to vote in a
management information circular in advance of August 11, 2020.
Shareholders should read the information carefully before deciding
how to vote. In the meantime, there is no need for shareholders to
take any action.
The Board’s priority remains on the safety and
well-being of its employees, customers, their families and
communities, as the COVID-19 pandemic evolves, and ensuring the
Company’s business continuity plans are carefully executed.
About Just Energy Group
Inc.
Just Energy is a consumer company focused
on essential needs, including electricity and natural gas health
and well-being, such as water quality and filtration devices; and
utility conservation, bringing energy efficient solutions and
renewable energy options to consumers. Currently operating
in the United States and Canada, Just
Energy serves residential and commercial customers. Just
Energy is the parent company of Amigo Energy, EdgePower
Inc., Filter Group Inc., Hudson Energy, Interactive
Energy Group, Tara Energy, and TerraPass.
Visit https://investors.justenergy.com to learn more.
Also, find us on Facebook and follow us
on Twitter.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking
statements including, but not limited to, statements and
information regarding the impact of COVID-19 on the Company’s
business. These statements are based on current expectations that
involve a number of risks and uncertainties which could cause
actual results to differ from those anticipated, and the Company
undertakes no obligation to update or revise any forward-looking
statement. These risks include, but are not limited to, the impact
of the evolving COVID-19 pandemic on the Company’s business and
sales including risks associated with reliance on suppliers,
uncertainties relating to the ultimate spread, severity and
duration of COVID-19 and related adverse effects on the economies
and financial markets of countries in which the Company operates,
the ability of the Company to successfully implement its business
continuity plans with respect to the COVID-19 pandemic, the ability
of the Company to extend its credit facility, the results of
strategic review process, the ability of the Company to reduce
selling, marketing and general and administrative expenses and the
quantum of such reductions and the impact thereof on the Company’s
current fiscal year, the Company’s ability to identify
further opportunities to improve its cost structure, general
economic and market conditions, levels of customer natural gas and
electricity consumption, rates of customer additions and renewals,
rates of customer attrition, fluctuations in natural gas and
electricity prices, changes in regulatory regimes, results of
litigation and decisions by regulatory authorities, competition and
dependence on certain suppliers. Additional information on these
and other factors that could affect Just Energy’s operations,
financial results or dividend levels are included in Just Energy’s
annual information form and other reports on file with Canadian
securities regulatory authorities which can be accessed
through the SEDAR website at www.sedar.com and
the U.S. Securities and Exchange Commission’s website
at www.sec.gov or through Just Energy’s website
at www.justenergygroup.com.
Neither the Toronto Stock Exchange nor
the New York Stock Exchange has approved nor disapproved
of the information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Jim Brown Chief Financial Officer Just Energy Phone: 713-544-8191
jbrown@justenergy.com
or
Investors Michael Cummings Alpha IR Phone:
617-982-0475 michael.cummings@alpha-ir.com
Media Ian RobertsonPresidentKingsdale
AdvisorsCell: 647-621-2646irobertson@kingsdaleadvisors.com
Source: Just Energy Group Inc.
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