The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

ISS Changes Recommendation to InterOil Shareholders to Vote "For" Proposal to Adopt New By-Laws

Wednesday, June 19, 2013

ISS Changes Recommendation to InterOil Shareholders to Vote "For" Proposal to Adopt New By-Laws

07:30 EDT Wednesday, June 19, 2013

PORT MORESBY, Papua New Guinea and HOUSTON, June 19, 2013 /PRNewswire/ -- InterOil Corporation (NYSE:IOC) (POMSoX:IOC) announced today that, Institutional Shareholder Services (ISS), a leading independent proxy voting advisory service, has changed its previous recommendation and is advising its clients to support Management's proposal to adopt new by-laws relating to advanced notice provisions.

This amendment to the by-law was filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov) and is available on InterOil's website (www.interoil.com) as of June 18, 2013. Given this change, the vote recommendation for item #4 Adopt New By-Laws has been revised from an AGAINST to a recommendation FOR.

The proposal is listed as Proposal 4 to be voted on by shareholders at the upcoming annual and special meeting of shareholders to be held on June 24, 2013.

If you have questions about the by-law amendment, or need assistance in voting your shares please call the firm assisting us in the solicitation of proxies:

Okapi Partners LLCToll-Free (877) 796-5274(212) 297-0720

About InterOil

InterOil Corporation is developing a vertically integrated energy business whose primary focus is Papua New Guinea and the surrounding region.  InterOil's assets consist of petroleum licenses covering about 3.9 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea.  In addition, InterOil is a shareholder in a joint venture established to construct an LNG plant in Papua New Guinea. InterOil's common shares trade on the NYSE in US dollars.

Investor Contacts for InterOil

Wayne Andrews                                                          

Meg LaSalle

Vice President Capital Markets                                    

Investor Relations Coordinator

Wayne.Andrews@InterOil.com                                   

Meg.LaSalle@InterOil.com

The Woodlands, TX USA                                           

The Woodlands, TX USA

Phone: +1-281-292-1800                                           

Phone: +1-281-292-1800

SOURCE InterOil Corporation

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections