Anaergia Announces Filing of Addendum to Management Information Circular Recognizing New Director and Board Chairman
July 18 2024 - 3:11PM
Business Wire
Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG)
announced today the mailing and filing of an addendum (the
“Addendum”) to its management information circular dated June 28,
2024 (the “Circular”) pertaining to the Company’s annual general
and special meeting of shareholders (the “Meeting”). The Addendum
amends and supplements the Circular to, among other things, add
Ohad Epschtein as an additional director nominee and as the
chairman of the Company’s board of directors.
Ohad Epschtein, the beneficial owner and a nominee of Marny
Holdco Inc. (“Marny Holdco”), was appointed to the Company’s board
of directors, and became chairman of the board, on July 10, 2024
upon the closing of the third tranche of the equity investment of
C$40.8 million from Marny Investissement SA, the parent company of
Marny Holdco, following the mailing of the Circular. Following this
investment of new capital into the Company, Marny Holdco owns over
60% of Anaergia’s outstanding subordinate voting shares. Pursuant
to the terms of this investment by Marny Holdco, all multiple
voting shares have now been converted into subordinate voting
shares that are publicly traded on the TSX.
“The above changes reflect a new reality for Anaergia. Its new
major shareholder is bringing a new spirit to the Company and after
making a significant financial investment, it will also invest
significant time and effort to the development of the Company,”
said Assaf Onn, CEO of Anaergia.
Additional details in respect of the seven (7) director
nominees, including Ohad Epschtein, are set out in the Addendum,
the Circular, and related Meeting materials available on
SEDAR+.
Shareholders of the Company should refer to the Addendum for
important information regarding updated voting instructions.
Additionally, Anaergia expects the chair of the Meeting to waive
the currently scheduled proxy cut-off time of 11:00 a.m. (Eastern
Time) on Thursday, July 25, 2024 and accept proxies and voting
instruction forms, including electronic voting, until the scheduled
time for the Meeting, being 11:00 a.m. (Eastern Time) on Monday,
July 29, 2024. This extension will provide shareholders of the
Company with additional time to complete their proxies and voting
instruction forms.
About Anaergia
Anaergia was created to eliminate a major source of greenhouse
gases (“GHGs”) by cost effectively turning organic waste into
renewable natural gas (“RNG”), fertilizer and water through the use
of proprietary technologies. With a track record of delivering
innovative projects, Anaergia is uniquely positioned to provide
solutions to today’s most pressing resource recovery challenges
using a broad portfolio of proven technologies and multiple project
delivery methods. Anaergia is one of the world’s only companies
with a proprietary portfolio of end-to-end solutions that integrate
solid waste processing as well as wastewater treatment with
organics recovery, high efficiency anaerobic digestion, RNG
production and recovery of fertilizer and water from organic
residuals. The combination of these technologies enhances
carbon-negative biogas, clean water and natural fertilizer
production, utilizes a minimized footprint and lowers waste and
wastewater treatment costs and GHG emissions.
For further information please see: www.anaergia.com
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