It’s unlike Penske to exclude the press?
Penske Automotive Group (NYSE:PAG) today announced its 2020 Annual Meeting of Stockholders due to the continued public health concerns regarding COVID-19, including the restrictions on in-person gatherings in Michigan, that the 2020 Annual Meeting will be conducted by remote communication.
As previously announced, the 2020 Annual Meeting will be held on Wednesday, 13 May 2020 at 8:00 a.m., EDT. Stockholders will not be able to attend the Annual Meeting in person; however, stockholders will be afforded the same rights and opportunities to participate as they would at an in-person meeting. Only stockholders of record at the close of business on 17 March 2020 are entitled to vote at or attend the Annual Meeting. Penske Automotive confirm that this means no media access. How this doesn’t violation SEC regulation FD is unclear.
Registered stockholders and beneficial owners as of the close of business on March 17, 2020 (the record date), must register in advance to attend the Annual Meeting. Requests for registration must be received by the Company no later than 5:00 p.m. Eastern Daylight Time, on May 8, 2020, at investorrelations@penskeautomotive.com.
For registered stockholders and beneficial owners who have questions regarding this procedure, please call the Company at (248) 452-6605 for assistance.
Registered stockholders choosing to vote their shares at the Annual Meeting will be eligible to do so by opting into the queue as instructed during the Annual Meeting. Beneficial Owners are required to present a proxy from their Broker in advance of the Annual Meeting to verify ownership and then may opt into the queue during the Annual Meeting.
Questions and Information Accessibility
As part of the Annual Meeting, Penske will hold a live Q&A session during which we intend to answer questions submitted during the meeting that are pertinent to the Company and meeting matters, as time permits.
Also, Penske will make available, through electronic means, a list of stockholders of record as of the record date for inspection by stockholders for any purpose germane to the Annual Meeting during the ten days preceding the Annual Meeting. To access the electronic shareholders list, please send your request, and proof of stock ownership, to investorrelations@penskeautomotive.com.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Penske Automotive to Hold Audio Annual Meeting
It’s unlike Penske to exclude the press?
Penske Automotive Group (NYSE:PAG) today announced its 2020 Annual Meeting of Stockholders due to the continued public health concerns regarding COVID-19, including the restrictions on in-person gatherings in Michigan, that the 2020 Annual Meeting will be conducted by remote communication.
As previously announced, the 2020 Annual Meeting will be held on Wednesday, 13 May 2020 at 8:00 a.m., EDT. Stockholders will not be able to attend the Annual Meeting in person; however, stockholders will be afforded the same rights and opportunities to participate as they would at an in-person meeting. Only stockholders of record at the close of business on 17 March 2020 are entitled to vote at or attend the Annual Meeting. Penske Automotive confirm that this means no media access. How this doesn’t violation SEC regulation FD is unclear.
Registered stockholders and beneficial owners as of the close of business on March 17, 2020 (the record date), must register in advance to attend the Annual Meeting. Requests for registration must be received by the Company no later than 5:00 p.m. Eastern Daylight Time, on May 8, 2020, at investorrelations@penskeautomotive.com.
For registered stockholders and beneficial owners who have questions regarding this procedure, please call the Company at (248) 452-6605 for assistance.
Registered stockholders choosing to vote their shares at the Annual Meeting will be eligible to do so by opting into the queue as instructed during the Annual Meeting. Beneficial Owners are required to present a proxy from their Broker in advance of the Annual Meeting to verify ownership and then may opt into the queue during the Annual Meeting.
Questions and Information Accessibility
As part of the Annual Meeting, Penske will hold a live Q&A session during which we intend to answer questions submitted during the meeting that are pertinent to the Company and meeting matters, as time permits.
Also, Penske will make available, through electronic means, a list of stockholders of record as of the record date for inspection by stockholders for any purpose germane to the Annual Meeting during the ten days preceding the Annual Meeting. To access the electronic shareholders list, please send your request, and proof of stock ownership, to investorrelations@penskeautomotive.com.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.