RICHMOND, Va., March 1, 2017 /PRNewswire/ -- Genworth
Financial, Inc. (NYSE: GNW) will offer a listen-only broadcast of
its Special Meeting of Stockholders to be held at 9:00 a.m. (ET), March 7,
2017.
The broadcast will be accessible via telephone only. The dial-in
number for the event is
877 888.4034 or 913 489.5101 (outside the U.S.); conference ID #
8927410.
About Genworth Financial
Genworth Financial,
Inc. (NYSE: GNW) is a Fortune 500 insurance holding company
committed to helping families achieve the dream of homeownership
and address the financial challenges of aging through its
leadership positions in mortgage insurance and long term care
insurance. Headquartered in Richmond, Virginia, Genworth traces its roots
back to 1871 and became a public company in 2004. For more
information, visit genworth.com.
From time to time, Genworth releases important information via
postings on its corporate website. Accordingly, investors and other
interested parties are encouraged to enroll to receive automatic
email alerts and Really Simple Syndication (RSS) feeds regarding
new postings. Enrollment information is found under the "Investors"
section of genworth.com. From time to time, Genworth's
publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth
Mortgage Insurance Australia Limited, separately release financial
and other information about their operations. This information can
be found at http://genworth.ca and
http://www.genworth.com.au.
Important Information for Investors and
Stockholders
This communication may be deemed to be
solicitation material in respect of the proposed transaction with
China Oceanwide Holdings Group Co., Ltd. Genworth filed the
definitive proxy statement with the SEC in connection with the
solicitation of proxies for a special meeting to be held on
March 7, 2017 (the Proxy Statement).
The Proxy Statement and a proxy card have been mailed to each
stockholder entitled to vote at the meeting. Genworth stockholders
are urged to read the Proxy Statement (including any and all
amendments and supplements thereto) and all other relevant
documents which Genworth will file with the SEC when they become
available, because they will contain important information about
the proposed transaction and related matters. Stockholders will
also be able to obtain copies of the Proxy Statement, without
charge, when available, at the SEC's website at www.sec.gov or by
contacting the investor relations department of Genworth at the
following:
investorinfo@genworth.com
Participants in the Solicitation
Genworth and its
directors and executive officers may be deemed to be participants
in the solicitation of proxies of Genworth's stockholders in
connection with the proposed transaction with China Oceanwide
Holdings Group Co., Ltd. Genworth's stockholders may obtain,
without charge, more detailed information regarding such interested
participants in the Proxy Statement, Genworth's Annual Report on
Form 10-K filed with the SEC on February 27,
2017, any Statements of Changes in Beneficial Ownership on
Form 4 of such participants, filed with the SEC, and certain other
documents to be filed with the SEC in connection with the proposed
transaction.
Cautionary Note Regarding Forward-Looking Statements
This communication includes certain statements that may
constitute "forward-looking statements" within the meaning of the
federal securities laws, including Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended. Forward-looking statements may be
identified by words such as "expects," "intends," "anticipates,"
"plans," "believes," "seeks," "estimates," "will" or words of
similar meaning and include, but are not limited to, statements
regarding the outlook for the company's future business and
financial performance. Forward-looking statements are based on
management's current expectations and assumptions, which are
subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict. Actual outcomes and
results may differ materially from those in the forward-looking
statements and factors that may cause such a difference include,
but are not limited to, risks and uncertainties related to:
(i) the risk that the transaction may not be completed in a
timely manner or at all, which may adversely affect Genworth's
business and the price of Genworth's common stock; (ii) the
ability of the parties to obtain stockholder and regulatory
approvals, or the possibility that they may delay the transaction
or that materially burdensome or adverse regulatory conditions may
be imposed in connection with any such regulatory approvals;
(iii) the risk that a condition to closing of the transaction
may not be satisfied; (iv) potential legal proceedings that
may be instituted against Genworth following announcement of the
transaction; (v) the risk that the proposed transaction
disrupts Genworth's current plans and operations as a result of the
announcement and consummation of the transaction;
(vi) potential adverse reactions or changes to Genworth's
business relationships with clients, employees, suppliers or other
parties or other business uncertainties resulting from the
announcement of the transaction or during the pendency of the
transaction, including but not limited to such changes that could
affect Genworth's financial performance; (vii) certain
restrictions during the pendency of the transaction that may impact
Genworth's ability to pursue certain business opportunities or
strategic transactions; (viii) continued availability of
capital and financing to Genworth before the consummation of the
transaction; (ix) further rating agency actions and downgrades
in Genworth's financial strength ratings; (x) changes in
applicable laws or regulations; (xi) Genworth's ability to
recognize the anticipated benefits of the transaction;
(xii) the amount of the costs, fees, expenses and other
charges related to the transaction; (xiii) the risks related
to diverting management's attention from Genworth's ongoing
business operations; (xiv) the impact of changes in interest
rates and political instability; and (xv) other risks and
uncertainties described in the Proxy Statement and Genworth's
Annual Report on Form 10-K, filed with the SEC on February 27,
2017. Unlisted factors may present significant additional obstacles
to the realization of forward-looking statements. Consequences of
material differences in results as compared with those anticipated
in the forward-looking statements could include, among other
things, business disruption, operational problems, financial loss,
legal liability to third parties and similar risks, any of which
could have a material adverse effect on Genworth's consolidated
financial condition, results of operations, credit rating or
liquidity. Accordingly, forward-looking statements should not be
relied upon as representing Genworth's views as of any subsequent
date, and Genworth does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws."
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SOURCE Genworth Financial, Inc.