Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX;
TSX:EGLX), (“
Enthusiast” or the
“
Company”), an integrated media and entertainment
company for gamers, today announced that, further to its press
release dated July 7, 2022 (the “
July 7 Release”),
it has filed a supplement (“
Supplement”) to its
management information circular dated June 16, 2022 (the
“
Circular”), which identifies the revised director
slate and the names of the 10 director nominees that will stand for
election at the Company’s annual general meeting (the
“
Meeting”) on July 19, 2022 at 10:00 a.m. (Toronto
time), being:
- John Albright;
- Michael Beckerman;
- Ben Colabrese;
- Alan Friedman;
- David Goldhill;
- Janny Lee;
- Adrian Montgomery;
- Scott Michael O’Neil;
- Angela Marie Ruggiero; and
- Richard Sherman.
Additional details of the 10 director nominees
are set out in the Circular, Supplement and related Meeting
materials available on SEDAR.
Updated Meeting Details
PLEASE DISREGARD THE GOLD FORM OF PROXY
AND VOTING INSTRUCTION FORM AS SUCH FORMS ARE NO LONGER VALID, IN
LIGHT OF GREYWOOD INVESTMENTS, LLC’S WITHDRAWAL OF ITS ALTERNATIVE
SLATE OF DIRECTORS AS ANNOUNCED IN THE JULY 7 RELEASE. SHAREHOLDERS
WHO HAVE ALREADY VOTED USING A GOLD FORM OF PROXY OR VOTING
INSTRUCTION FORM AND WHO WISH TO HAVE THEIR SHARES VOTED ON SUCH
MATTERS, AS AMENDED, AS SET FORTH ABOVE, MAY VOTE BY SUBMITTING A
BLUE FORM OF PROXY OR VOTING INSTRUCTION FORM.
As the Circular and BLUE
instrument of proxy (“Instrument of Proxy”) confer
discretionary authority in respect of amendments or variations to
matters identified in the Instrument of Proxy, Circular and the
notice of Meeting, the management designees (or such other persons)
appointed as proxyholder on the BLUE Instrument of
Proxy or voting instruction form will rely on such discretionary
authority to vote on these amendments and variations. The
management designees will rely on such discretionary authority to
vote “FOR” setting the number of directors for the
ensuing year at ten (10) and “FOR” the election of
the 10 management nominees.
SHAREHOLDERS DO NOT NEED TO TAKE ANY
FURTHER ACTION IF THEY (1) HAVE ALREADY SUBMITTED A BLUE INSTRUMENT
OF PROXY OR VOTING INSTRUCTION FORM AND (2) DO NOT OBJECT TO THE
APPOINTED PROXYHOLDER VOTING ON THESE AMENDMENTS AND
VARIATIONS.
A registered Shareholder who has already voted
using a BLUE Instrument of Proxy but who does not
wish to have their shares voted on such matters, as amended, as set
forth above, may revoke their proxy at any time before it is
exercised by an instrument in writing: (a) executed by that
Shareholder or by that Shareholder’s attorney-in-fact, authorized
in writing, or, where the Shareholder is a corporation, by a duly
authorized officer of, or attorney-in-fact for, the corporation;
and (b) delivered either: (i) to the Company at its head office at
any time up to and including the last business day preceding the
day of the Meeting, or (ii) to the chairman of the Meeting prior to
the vote on matters covered by the proxy on the day of the Meeting,
or (iii) in any other manner provided by law. A later-dated
BLUE form of proxy or voting instruction form will
automatically revoke any and all previously submitted forms of
proxy or voting instruction forms
If Beneficial Shareholders wish to revoke their
previously given voting instructions, they must contact the broker
or other intermediary that they provided their voting instruction
forms to and comply with any and all applicable requirements of
such broker or intermediary. Any Beneficial Shareholder wishing to
revoke their voting instructions should contact their broker or
intermediary in sufficient time to ensure that their revocation of
voting instructions is received. If you have any questions
respecting the voting of Common Shares held through a broker or
other intermediary, please contact that broker or other
intermediary for assistance.
If you have any questions about any of the
information in the Supplement or require assistance in completing
your form of proxy or voting instruction form, please consult your
financial, legal, tax and other professional advisors or the
Company’s strategic shareholder advisor and proxy solicitation
agent, Kingsdale Advisors, by telephone at 1-866-851-2743
(toll-free in North America) or at 1-416-867-2272 outside of North
America, or by email at contactus@kingsdaleadvisors.com.
About Enthusiast
GamingEnthusiast is an integrated gaming entertainment
company, building the largest media and content platform for video
game and esports fans to connect and engage worldwide. Combining
the elements of its four core pillars: Communities, Content,
Creators, and Experiences, Enthusiast provides a unique opportunity
and integrated approach to reach and connect with its coveted GenZ
and Millennial audience. Through its proprietary mix of digital
media and entertainment assets, Enthusiast has built a vast network
of like-minded communities to deliver the ultimate fan
experience.
ContactsEnthusiast Gaming Investor
Relations:Eric Bernofsky, Chief Corporate
Officerinvestor@enthusiastgaming.com
Forward Looking InformationThis
news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will
occur in the future (in whole or in part) should be considered
forward-looking information. Often, but not always, forward-looking
information can be identified by the use of words such as “plans”,
“expects”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates”, or “believes” or variations
(including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” (or other variations of the forgoing) be taken, occur, be
achieved, or come to pass.
Forward-looking statements are based on
assumptions, including expectations and assumptions concerning the
outcome of the search committee’s efforts. While Enthusiast
considers these assumptions to be reasonable, based on information
currently available, they may prove to be incorrect. Readers are
cautioned not to place undue reliance on forward-looking
statements. In addition, forward-looking statements necessarily
involve known and unknown risks, including, without limitation,
risks associated with general economic conditions; adverse industry
events; and future legislative, tax and regulatory developments.
Readers are cautioned that the foregoing list is not exhaustive.
For more information on the risks, uncertainties and assumptions
that could cause anticipated opportunities and actual results to
differ materially, please refer to the public filings of Enthusiast
which are available on SEDAR at www.sedar.com. Readers are further
cautioned not to place undue reliance on forward-looking statements
as there can be no assurance that the plans, intentions or
expectations upon which they are based will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement and reflect our expectations as of the
date hereof, and thus are subject to change thereafter. Enthusiast
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by applicable
law.
Neither the TSX Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Exchange) accepts responsibility for the adequacy or accuracy
of this release.
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