JP Energy Partners LP Announces Record Date & Meeting Date for Special Meeting for Proposed Merger with American Midstream Pa...
January 20 2017 - 8:00AM
Business Wire
JP Energy Partners LP (NYSE: JPEP) (“JP Energy” or “our”) today
announced that it has established a record date of January 30,
2017, and a meeting date of March 7, 2017, for a special meeting of
its unitholders. At the special meeting, which will be held at 11
a.m. central standard time at the Hyatt Regency Downtown Houston,
1200 Louisiana Street, Houston, TX, 77002, 2nd Floor Arboretum
Conference Room, JP Energy unitholders will vote on the previously
announced proposed merger (the “Merger”) of JP Energy and American
Midstream Partners, LP (NYSE: AMID) (“AMID”), and related matters
pursuant to the Agreement and Plan of Merger dated as of October
23, 2016 (the “Merger Agreement”), by and among JP Energy, AMID,
their respective general partners, and certain wholly owned
subsidiaries of AMID.
JP Energy unitholders of record at the close of business on
January 30, 2017, will be entitled to receive notice of the special
meeting and to vote at the special meeting. Subject to satisfaction
of the remaining closing conditions, including receipt of JP Energy
unitholder approval, the parties currently expect to complete the
Merger shortly following conclusion of the special meeting.
About JP Energy Partners LP
JP Energy Partners LP is a publicly traded, growth-oriented
limited partnership that owns, operates, develops and acquires a
diversified portfolio of midstream energy assets. Our operations
currently consist of: (i) crude oil pipelines and storage; (ii)
refined products terminals and storage; and (iii) NGL distribution
and sales, which together provide midstream infrastructure
solutions for the growing supply of crude oil, refined products and
NGLs in the United States. To learn more, please visit our website
at www.jpenergypartners.com.
Cautionary Statement Regarding Forward-Looking
Statements
This release includes “forward-looking” statements.
Forward-looking statements are identified as any statement that
does not relate strictly to historical or current facts. Statements
using words such as “expect,” “will” or similar expressions help
identify forward-looking statements. JP Energy cannot give any
assurance that expectations and projections about future events
will prove to be correct. Forward-looking statements are subject to
a variety of risks, uncertainties and assumptions. These risks and
uncertainties include the risks that the proposed transaction may
not be consummated or the benefits contemplated therefrom may not
be realized. Actual results and outcomes may differ materially from
those expressed in such forward-looking statements. These and other
risks and uncertainties are discussed in more detail in filings
made by JP Energy with the SEC, which are available for free at
www.sec.gov. JP Energy undertakes no obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
Additional Information and Where to Find It
This communication does not constitute an offer to buy or sell
or the solicitation of an offer to buy or sell any securities or a
solicitation of any vote or approval with respect to the Merger.
This communication relates to a proposed business combination
between AMID and JP Energy. In connection with the proposed
transaction, AMID filed with the Securities and Exchange Commission
(the “SEC”) a registration statement on Form S-4 containing a
preliminary joint proxy statement/prospectus of AMID and JP Energy.
The registration statement has not yet become effective. After the
registration statement is declared effective by the SEC, AMID and
JP Energy will each file with the SEC a definitive proxy
statement/prospectus, and each of AMID and JP Energy will file
other documents with respect to the proposed transaction and a
definitive proxy statement/prospectus will be mailed to unitholders
of JP Energy. WE URGE INVESTORS AND SECURITY HOLDERS TO READ THE
PROXY STATEMENT/PROSPECTUS, THE REGISTRATION STATEMENT AND ANY
OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR MAY BE FILED WITH
THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR
WILL CONTAIN IMPORTANT INFORMATION. Any definitive proxy
statement(s) (if and when available) will be mailed to unitholders
of JP Energy. Investors and security holders will be able to obtain
these materials (if and when they are available) free of charge at
the SEC’s website, www.sec.gov. In addition, copies of any
documents filed with the SEC may be obtained free of charge from JP
Energy’s internet website for investors at
http://ir.jpenergypartners.com, and from AMID’s investor relations
website at http://www.americanmidstream.com/investor-relations.
Investors and security holders may also read and copy any reports,
statements and other information filed by AMID and JP Energy with
the SEC at the SEC public reference room at 100 F Street, N.E.,
Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 or
visit the SEC’s website for further information on its public
reference room.
Participation in the Solicitation of Votes
AMID and JP Energy and their respective directors and executive
officers may be considered participants in the solicitation of
proxies in connection with the proposed transaction. Information
regarding JP Energy's directors and executive officers is available
in its Annual Report on Form 10-K for the year ended December 31,
2015, filed with the SEC on February 29, 2016. Information
regarding AMID’s directors and executive officers is available in
its Annual Report on Form 10-K for the year ended December 31,
2015, which was filed with the SEC on March 7, 2016. Other
information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests, by
security holdings or otherwise, will be contained in the proxy
statement/prospectus and other relevant materials to be filed with
the SEC when they become available.
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version on businesswire.com: http://www.businesswire.com/news/home/20170120005122/en/
JP Energy Partners LPInvestor Relations,
866-912-3714investorrelations@jpep.com
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