Due to the emerging and continuing health and safety considerations
from the coronavirus outbreak (“COVID-19”), the Board of Directors
(the “Board”) of Bryn Mawr Bank Corporation (the “Corporation”)
(NASDAQ:BMTC), announces a change in location and an additional
virtual attendance option for the Corporation’s 2020 Annual Meeting
of Shareholders (the “2020 Annual Meeting”), which is scheduled to
take place on Thursday, April 16, 2020 at 11:00 A.M. Eastern Time.
The 2020 Annual Meeting location has been changed to the
Corporation’s headquarters at 801 Lancaster Ave., Bryn Mawr,
Pennsylvania 19010 (“Corporate Headquarters”). In addition, the
Corporation is providing a virtual format for meeting attendance
for those not able or otherwise permitted to attend the meeting in
person.
The Corporation urges its shareholders of record
to utilize the 2020 Annual Meeting proxy voting system available
for record holders at www.envisionreports.com/BMTC, and its
shareholders who hold in “street name” to follow the 2020 Annual
Meeting voting instructions provided by their broker or custodian.
Please note that the previously distributed Notice of Internet
Availability of Proxy Materials, and Proxy Card may still be used
to vote shares in connection with the 2020 Annual
Meeting.
Shareholders at the close of business on the
record date, February 28, 2020, are entitled to attend and vote at
the 2020 Annual Meeting. Shareholders can access the virtual format
of the meeting at www.meetingcenter.io/269411530 with the password
BMTC2020 by entering their 15-digit voting control number (“control
number”). Shareholders who hold shares in “record” form can find
their control number on their Proxy Card or Notice of Internet
Availability of Proxy Materials. Shareholders who hold BMTC shares
in “street name” through a broker or custodian must register in
advance with the Corporation’s transfer agent, Computershare, in
order to obtain a control number and access the virtual format of
the meeting. To register, such shareholders must submit to
Computershare their name, email address and proof of proxy power
(legal proxy) reflecting their BMTC holdings, and must also include
“BMTC Legal Proxy” in the subject or address line of the
registration request. Registration requests should be sent to
Computershare via email at legalproxy@computershare.com, or via
U.S. mail at Computershare, BMTC Legal Proxy, P.O. Box 43001,
Providence, RI 02940-3001. Requests for registration
must be received by Computershare no later than 5:00 p.m. Eastern
Time on Monday, April 13, 2020. Shareholders will
receive a confirmation of their registration by email from
Computershare with a control number to be used to access the
meeting at www.meetingcenter.io/269411530 with the password
BMTC2020. Any questions regarding the virtual format of the
meeting, or how to access it, should be directed to Computershare
at (877) 238-6956.
For shareholders who intend to attend the 2020
Annual Meeting in person and are legally permitted to do so, the
Corporation respectfully requests that they contact the Corporate
Secretary’s Office at (610) 526-2303 or (484) 270-3029 no
later than 5:00 p.m. Eastern Time on Monday, April 13,
2020, so that the Corporation can be appropriately
prepared. The Corporation further requests that individuals (1) who
have been in contact with someone diagnosed with COVID-19 within
two weeks prior to the 2020 Annual Meeting, or (2) who are
experiencing a fever, cough, difficulty breathing, or cold- or
flu-like symptoms, refrain from attending the meeting in person and
instead utilize the virtual format as described above. Note that,
for health and safety reasons, no food or drinks will be served at
the 2020 Annual Meeting.
As the Corporation and the Board continue to
monitor and assess efforts to limit the impact of COVID-19, all
future updates pertaining to the Corporation’s COVID-19 response in
relation to the 2020 Annual Meeting will be found in subsequent
press releases and our filings with the U.S. Securities Exchange
Commission (the “SEC”).
About Bryn Mawr Bank Corporation
Bryn Mawr Bank Corporation (NASDAQ: BMTC), is
the holding company for The Bryn Mawr Trust Company (“BMT”) which
was founded in 1889, and is headquartered in Bryn Mawr, Pa. BMT is
a locally managed, premier financial services company providing
retail and commercial banking; trust administration and wealth
management; and insurance and risk management solutions. Bryn Mawr
Bank Corporation has $5.3 billion in corporate assets and $16.5
billion in wealth assets under management, administration,
supervision, and brokerage (as of 12/31/2019). Today, the company
operates 43 banking locations, 7 wealth management offices and 2
insurance and risk management locations in the following counties:
Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties
in Pennsylvania; New Castle County in Delaware; and Mercer and
Camden Counties in New Jersey. For more information, visit
bmt.com.
FORWARD LOOKING STATEMENTS AND SAFE
HARBOR
This press release contains statements which, to
the extent that they are not recitations of historical fact may
constitute forward-looking statements for purposes of the
Securities Act of 1933, as amended, and the Securities Exchange Act
of 1934, as amended. Such forward-looking statements may include
financial and other projections as well as statements regarding the
Corporation’s future plans, objectives, performance, revenues,
growth, profits, operating expenses or the Corporation’s underlying
assumptions. The words “may,” “would,” “should,” “could,” “will,”
“likely,” “possibly,” “expect,” “anticipate,” “intend,” “indicate,”
“estimate,” “target,” “potentially,” “promising,” “probably,”
“outlook,” “predict,” “contemplate,” “continue,” “plan,”
“forecast,” “project,” “are optimistic,” “are looking,” “are
looking forward” and “believe” or other similar words and phrases
may identify forward-looking statements. Persons reading this press
release are cautioned that such statements are only predictions,
and that the Corporation’s actual future results or performance may
be materially different.
Such forward-looking statements involve known
and unknown risks and uncertainties. A number of factors, many of
which are beyond the Corporation’s control, could cause our actual
results, events or developments, or industry results, to be
materially different from any future results, events or
developments expressed, implied or anticipated by such
forward-looking statements, and so our business and financial
condition and results of operations could be materially and
adversely affected. Such factors include, among others, our need
for capital, our ability to control operating costs and expenses,
and to manage loan and lease delinquency rates; the credit risks of
lending activities and overall quality of the composition of our
loan, lease and securities portfolio; the impact of economic
conditions, consumer and business spending habits, and real estate
market conditions on our business and in our market area; changes
in the levels of general interest rates, deposit interest rates, or
net interest margin and funding sources; changes in banking
regulations and policies and the possibility that any banking
agency approvals we might require for certain activities will not
be obtained in a timely manner or at all or will be conditioned in
a manner that would impair our ability to implement our business
plans; changes in accounting policies and practices or accounting
standards, including ASU 2016-13 (Topic 326), “Measurement of
Credit Losses on Financial Instruments,” commonly referenced as the
Current Expected Credit Loss model, which will change how we
estimate credit losses and may increase the required level of our
allowance for credit losses after adoption; unanticipated
regulatory or legal proceedings, outcomes of litigation or other
contingencies; cybersecurity events; the inability of key
third-party providers to perform their obligations to us; our
ability to attract and retain key personnel; competition in our
marketplace; war or terrorist activities; material differences in
the actual financial results, cost savings and revenue enhancements
associated with our acquisitions; uncertainty regarding the future
of LIBOR; the impact of, or uncertainties related to, COVID-19; and
other factors as described in our securities filings with the SEC.
All forward-looking statements and information set forth herein are
based on Corporation management’s current beliefs and assumptions
as of the date hereof and speak only as of the date they are made.
The Corporation does not undertake to update forward-looking
statements.
For a complete discussion of the assumptions,
risks and uncertainties related to our business, you are encouraged
to review our filings with the SEC, including our most recent
Annual Report on Form 10-K, as updated by our quarterly or other
reports subsequently filed with the SEC.
FOR MORE INFORMATION:Frank
LetoPresident and CEO610.581.4730Tina McDonaldSenior Vice
President, Marketing610.581.4875
Bryn Mawr Bank (NASDAQ:BMTC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bryn Mawr Bank (NASDAQ:BMTC)
Historical Stock Chart
From Sep 2023 to Sep 2024