O-I Announces Intent to Adjourn Annual Meeting Of Share Owners; Meeting to be adjourned to May 26, 2016 for share owners to review Company's amended annual report
(Thomson Reuters ONE) -
FOR IMMEDIATE RELEASE
O-I Announces Intent to Adjourn Annual Meeting Of Share Owners
Meeting to be adjourned to May 26, 2016 for share owners to review Company's
amended annual report
PERRYSBURG, Ohio (May 10, 2016) - Owens-Illinois, Inc. (NYSE: OI), the world's
leading glass container producer, announced today that it intends to call to
order and then immediately adjourn its annual meeting of share owners to be held
in Plaza 2 of the O-I World Headquarters, Perrysburg, Ohio, on Thursday, May
12, 2016, at 9:00 a.m., local time. The adjournment of the annual meeting of
share owners will be until 9:00 a.m., local time on Thursday, May 26, 2016 in
Plaza 4 of the O-I World Headquarters.
The Company previously announced that it intends to file restated financial
statements for the years ended December 31, 2015, 2014 and 2013 contained in the
Company's Annual Report on Form 10-K for the year ended December 31, 2015 (the
"2015 Annual Report") to reflect the effects of its revised method for
estimating its total asbestos-related liability. The Company currently expects
to file the amended 2015 Annual Report on or prior to Monday, May 16, 2016. The
Company is adjourning the annual meeting to allow share owners sufficient time
to review the amended 2015 Annual Report.
Share owners of record may submit their votes for matters to be considered at
the annual meeting until the polls are formally closed. Share owners who have
already voted in accordance with the instructions contained in the proxy
statement and related materials do not need to submit new proxy cards or give
new voting instructions unless they wish to change their votes. Share owners who
have not yet voted can still use the proxy cards and voting instruction forms
previously provided to them. The Company's Board of Directors encourages all
share owners to review the proxy statement and amended 2015 Annual Report
carefully before voting.
About O-I
Owens-Illinois, Inc. (NYSE: OI) is the world's largest glass container
manufacturer and preferred partner for many of the world's leading food and
beverage brands. The Company had revenues of $6.2 billion in 2015 and employs
27,000 people at 80 plants in 23 countries. With global headquarters in
Perrysburg, Ohio, O-I delivers safe, sustainable, pure, iconic, brand-building
glass packaging to a growing global marketplace. For more information, visit o-
i.com.
INVESTOR CONTACT
Sasha Sekpeh, 567-336-5128 - O-I Investor Relations
Kristin Kelley, 567-336-2395 - O-I Corporate Communications
Forward-looking Statements
This document contains "forward-looking" statements within the meaning of
Section 21E of the Securities Exchange Act of 1934 and Section 27A of the
Securities Act of 1933. Forward-looking statements reflect the Company's current
expectations and projections about future events at the time, and thus involve
uncertainty and risk. The words "believe," "expect," "anticipate," "will,"
"could," "would," "should," "may," "plan," "estimate," "intend," "predict,"
"potential," "continue," and the negatives of these words and other similar
expressions generally identify forward looking statements. The Company's
management has not yet completed its assessment of the error in the previously
filed financial reports discussed in this document. In addition, the Company may
not be able to file the amended 2015 Annual Report in the time frame expected.
Any forward-looking statements in this document are based on certain assumptions
and analyses made by the Company in light of its experience and perception of
historical trends, current conditions, expected future developments, and other
factors it believes are appropriate in the circumstances. Forward-looking
statements are not a guarantee of future performance and actual results or
developments may differ materially from expectations. While the Company
continually reviews trends and uncertainties affecting the Company's results of
operations and financial condition, the Company does not assume any obligation
to update or supplement any particular forward-looking statements contained in
this document.
O-I Announces Intent to Adjourn Annual Mtg of Share Owners:
http://hugin.info/150659/R/2011428/744659.pdf
O-I Logo:
http://hugin.info/150659/R/2011428/744660.jpg
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Owens-Illinois, Inc. via GlobeNewswire
[HUG#2011428]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 10.05.2016 - 22:30 Uhr
Sprache: Deutsch
News-ID 470133
Anzahl Zeichen: 5463
contact information:
Town:
Perrysburg, OH
Kategorie:
Business News
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