Aug 21 (Reuters) - Charge Enterprises Inc CRGE.O :
* ARENA INVESTORS: SENDS LETTER TO BOARD OF DIRECTORS OF
CHARGE
ENTERPRISES
* ARENA INVESTORS: URGES CHARGE ENTERPRISES TO TAKE
IMMEDIATE
ACTION TO ADDRESS "SIGNIFICANT UNDERPERFORMANCE"
* ARENA INVESTORS: BELIEVES ENHANCED STRATEGIC DIRECTION,
LEADERSHIP AND GOVERNANCE WILL POSITION CHARGE ENTERPRISES FOR
SUBSTANTIAL VALUE CREATION
* ARENA INVESTORS: ARENA AND/OR INVESTMENT FUNDS MANAGED BY
IT ARE
BENEFICIAL OWNERS OF ABOUT 9.99% OF OUTSTANDING COMMON STOCK OF
CHARGE ENTERPRISES
Source text for Eikon: ID:nPn4g9jdVa
Further company coverage: CRGE.O
((Reuters.Briefs@thomsonreuters.com;))