AUSTIN, May 31, 2019 /PRNewswire/ -- Baines Creek
Capital, LLC, an Austin-based
investment firm, and its affiliated investment funds (collectively
"Baines Creek"), which beneficially
own approximately 23% of the common stock of Legacy Reserves, Inc.
(the "Company") (Nasdaq: LGCY), delivered an open letter to
stockholders today announcing its intent to refrain from voting its
shares to reach a quorum at the Company's 2019 Annual Meeting of
Stockholders scheduled to be held on June 6,
2019.
The full text of Baines Creek's
letter to stockholders follows:
https://mma.prnewswire.com/media/895906/Baines_Creek_LGCY_Letter.pdf
About Baines Creek Capital
Baines Creek Capital, LLC is an Austin-based investment firm that follows an
opportunistic investment strategy using a fundamental,
value-oriented approach.
Investor Contact
Norman
Furley
(512) 680-9575
nfurley@bainescreek.com
https://www.bainescreek.com/
WARNING REGARDING FORWARD LOOKING STATEMENTS
THIS
PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS. FORWARD LOOKING
STATEMENTS CAN BE IDENTIFIED BY USE OF WORDS SUCH AS "OUTLOOK",
"BELIEVE", "INTEND", "EXPECT", "POTENTIAL", "WILL", "MAY",
"SHOULD", "ESTIMATE", "ANTICIPATE", AND DERIVATIVES OR NEGATIVES OF
SUCH WORDS OR SIMILAR WORDS. FORWARD LOOKING STATEMENTS IN THIS
PRESS RELEASE ARE BASED UPON PRESENT BELIEFS OR EXPECTATIONS.
HOWEVER, FORWARD LOOKING STATEMENTS AND THEIR IMPLICATIONS ARE NOT
GUARANTEED TO OCCUR AND MAY NOT OCCUR AS A RESULT OF VARIOUS RISKS,
REASONS AND UNCERTAINTIES. EXCEPT AS REQUIRED BY LAW, BAINES CREEK
CAPITAL, LLC AND ITS AFFILIATES AND RELATED PERSONS UNDERTAKE NO
OBLIGATION TO UPDATE ANY FORWARD LOOKING STATEMENT, WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE DEVELOPMENTS OR OTHERWISE.
Source
Baines Creek Capital, LLC
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SOURCE Baines Creek Capital, LLC