The record date is
Upcoming Release of 2020 First Quarter Results and Conference Call
Superior expects to release its 2020 first quarter results on
Superior Plus Virtual-Only 2020 Annual Meeting of Shareholders
Due to the current COVID-19 pandemic and the latest directives from public health and other government authorities to maintain physical distance and eliminate social gatherings, we will now hold our annual meeting in a virtual-only format. Details for the meeting are provided below:
Where: Virtual only meeting via live audio webcast online at:
We ask that shareholders please review the 'Information on Attending the Virtual Meeting' section in advance of the meeting, and recommend that you log in at least one hour before the meeting starts.
Registered shareholders and duly appointed proxyholders, including nonregistered (beneficial) shareholders who have appointed themselves as proxyholders will be able to ask questions through the Lumi platform. Guests, including non-registered (beneficial) shareholders who have not duly appointed a proxyholder, can log in to the meeting and watch the meeting, but are not able to vote or ask questions. We ask guests, who would like to ask a question, to submit their questions to the investor relations inbox at investor-relations@superiorplus.com and Superior's management may respond to those questions after the formal part of the Annual Meeting, or shortly after. The presentation to accompany the Annual Meeting of Shareholders will be posted on Superior's website in the Events & Presentations section.
Dividend Reinvestment Program
Under the current terms of the DRIP, eligible shareholders of Superior may elect to automatically reinvest their regular monthly dividends in additional common shares of Superior, without incurring any commissions, service charges or brokerage fees. Shareholders who elect to reinvest cash dividends under the DRIP will receive common shares based upon the average closing price of the common shares on the
Beneficial shareholders who wish to participate in the DRIP must provide enrollment instructions to the broker, investment dealer, financial institution or other nominee through which they hold their common shares and should consult such nominee regarding the process and timelines for enrolling. Registered shareholders may enroll in the DRIP by completing an authorization form and submitting the completed form to
About the Corporation
Superior consists of two primary operating businesses: Energy Distribution includes the distribution of propane and distillates, and supply portfolio management and Specialty Chemicals includes the production and sale of specialty chemicals.
Forward Looking Information
This news release contains certain forward-looking information and statements that are based on Superior's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as 'will', 'expects', 'annualized', and similar expressions.
In particular, this news release contains forward-looking statements and information relating to: future dividends which may be declared on Superior's common shares, the dividend payment, the tax treatment thereof, and the receipt of cash dividends. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release, regarding, among other things: the success of Superior's operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior's future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
Contact:
Tel: (416) 340-6015
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