Brief: Neo Announces Strategic Review Process Intended To Maximize Shareholder Value And Announces Intention To Add Hastings Technology Metals Nominee To The Board

Neo Performance Materials

14/06/2024 12:38

June 14 (Reuters) - Neo Performance Materials Inc
 NEO.TO :
    * NEO ANNOUNCES STRATEGIC REVIEW PROCESS INTENDED TO
MAXIMIZE
SHAREHOLDER VALUE AND ANNOUNCES INTENTION TO ADD HASTINGS
TECHNOLOGY METALS NOMINEE TO THE BOARD
    * NEO PERFORMANCE MATERIALS INC: STRATEGIC REVIEW WILL
CONSIDER
VARIOUS STRATEGIC ALTERNATIVES FOR NEO
    * NEO TO EVALUATE COMPENSATION PLANS
    * NEO PERFORMANCE MATERIALS INC - FORMED A SPECIAL COMMITTEE
OF
INDEPENDENT DIRECTORS TO LEAD A COMPREHENSIVE STRATEGIC REVIEW
PROCESS
    * NEO PERFORMANCE MATERIALS INC - STRATEGIC REVIEW PROCESS
IS NOT
BEING UNDERTAKEN AT REQUEST OF HASTINGS.
    * NEO TO ADD HASTINGS NOMINEE DR. JOHN MCGARVA TO BOARD

Source text for Eikon:  ID:nCNWJMrw9a 
Further company coverage:  NEO.TO 

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