Walter Energy Announces Results of Annual Meeting of Stockholders, Including New Stockholder Rights Plan
2009年4月24日 - 6:02AM
PRニュース・ワイアー (英語)
TAMPA, Fla., April 23 /PRNewswire-FirstCall/ -- Walter Energy, Inc.
(NYSE: WLT), a leading producer and exporter of premium U.S.
metallurgical coal for the global steel industry announced today
that its stockholders have voted to elect the nine directors
nominated by the Board of Directors and to approve the change of
the company's name to Walter Energy, Inc., as discussed in a
separate release issued today, the authorization of 20 million
shares of preferred stock, the adoption of a new limited duration
Stockholder Rights Plan and an amendment to the Amended and
Restated 2002 Long-Term Incentive Award Plan. The revised rights
plan updates the plan that was announced on Nov. 21, 2008. Under
that plan, The Board of Directors resolved to submit the
continuation of the Rights Plan to a stockholder vote within the
next 12 months. This extension satisfies that resolution. A
complete copy of the Rights Plan will be included in a Current
Report on Form 8-K to be filed by Walter Energy with the Securities
and Exchange Commission; this filing will contain additional
information regarding the terms and conditions of the Rights Plan.
In addition, registered stockholders of record of Walter Energy as
of April 23, 2009, will be mailed a detailed summary of the Rights
Plan. About Walter Energy Walter Energy, based in Tampa, Fla., is a
leading producer and exporter of premium U.S. metallurgical coal
for the global steel industry and also produces steam coal and
industrial coal, metallurgical coke and coal bed methane gas. The
Company has revenues of approximately $1.2 billion and currently
employs approximately 2,150 people. For more information about
Walter Energy, please visit the new Company website at
http://www.walterenergy.com/. Safe Harbor Statement Statements in
this press release regarding Walter Energy's business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report or Form 10-K for the most
recently ended fiscal year.
http://www.newscom.com/cgi-bin/prnh/20090423/CL04064LOGO-a
http://photoarchive.ap.org/ DATASOURCE: Walter Energy, Inc.
CONTACT: Investors: Mark H. Tubb, Vice President - Investor
Relations, +1-813-871-4027, ; or Media, Michael A. Monahan,
Director - Corporate Communications, +1-813-871-4132 Web Site:
http://www.walterenergy.com/
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