Brief: Vishay Precision Group and Nokomis Capital L.L.C. announces an agreement to further strengthen company's board

Vishay Precision

27/03/2017 12:32

March 27 (Reuters) - Vishay Precision Group Inc  VPG.N :  
    * Says co and Nokomis Capital L.L.C. today announced an 
agreement to further strengthen company's board of directors 
    * Vishay Precision Group says company and nokomis will work 
to identify a mutually agreeable individual to appoint to board 
as a new independent director 
    * Vishay Precision Group Inc - new director will serve on 
board's nominating & corporate governance committee and 
compensation committee 
    * Says Nokomis owns approximately 15.9 percent of VPG's 
outstanding common stock 
    * Vishay Precision Group-if such an independent director is 
not identified by June 30, 2017, wes cummins of Nokomis will be 
appointed to board 
    * Vishay Precision Group Inc - Nokomis has also agreed to 
customary standstill commitments 
    * Vishay Precision Group -Nokomis agreed to vote shares in 
favor of board's recommendations regarding director elections at 
2017 annual meeting 
 
Source text for Eikon:  ID:nBwbWXCDRa  
Further company coverage:  VPG.N  
 
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