Articles from Blackwells Capital LLC

Brancous’ misleading accusations are not constructive and could negatively impact the Company’s business

Shareholder Campbell Capital Management Speaks Out in Support of Blackwells’ Campaign for Change at Braemar

Notes Rampant Use of Terms ‘Related Party’ and ‘Conflicts of Interest’

Highlights Mr. Bennett’s Expertise in Shareholder Value Extraction

Applauds Support for Blackwells’ Campaign from Other Braemar Shareholders

Warns That Blackwells Will Seek to Recover All Improper Expenditures by Mr. Bennett and the Board

Blackwells Highlights the Continued Buffoonery of Monty Bennett

Yaroka Technologies is Developing Canopy Technologies to Combat the Effects of Climate Change

Blackwells Highlights Braemar’s Overt Support of Ashford’s Entrenchment Tactics

Remaining Directors Narrowly Elected by Pitifully Low Percentages

Highlights a Pattern of Similar, Troubling Behavior by the Board

“Meet the Shareholder Value Destroyers” Exposes Board’s Governance Failings and Ensuing Value Destruction

Urges Shareholder to Scrutinize the Board’s Craven Efforts after Destroying nearly all Braemar’s Value

Urges Stockholders to Send a Strong Message to Hold Ashford’s Board Accountable for Persistent Value Destruction and Governance Failures

Braemar Board has Presided Over Massive Wealth Destruction and Value Transfer to Monty Bennett

Urges Shareholders to Hold Braemar’s Board Accountable for Massive Value Destruction and Enrichment of Monty Bennett

Peltz’s Disturbing Public Statements are Disqualifying for a Director Candidate and an Outrageous Affront to Disney’s Customers, Employees and Shareholders

Urges Shareholders to Disregard ValueAct’s Endorsement of the Board

Investor Presentation Available at www.TheFutureOfDisney.com

Excerpt from its Upcoming Investor Presentation Available at www.TheFutureOfDisney.com

Shareholders Should Vote FOR Blackwells’ Nominees Jessica Schell, Craig Hatkoff and Leah Solivan on the GREEN Proxy Card

Jessica Schell, Craig Hatkoff and Leah Solivan will Support Disney’s Transformation by Adding Expertise That is Currently Lacking

Launches Campaign to Preserve CEO Bob Iger’s Value Creation Vision

NEW YORK, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Blackwells Capital LLC, a shareholder of The Walt Disney Company (“Disney” or the “Company”) (NYSEDIS) since 2018, today issued its support for the ongoing transformative restructuring led by the Company’s CEO Bob Iger, and stewarded by an enviable Board of Directors recently enhanced through the appointments of James P. Gorman and Sir Jeremy Darroch. Displacing these individuals or other members of the Board with Mr. Peltz and other Trian selected nominees would deprive shareholders of valuable, experienced voices in the boardroom at a critical time in the Company’s history.

Blackwells Capital LLC (together with its affiliates, “Blackwells”), a long-term shareholder of IHS Holding Limited (NYSEIHS) (“IHS” or the “Company”), today issued a statement regarding the urgent need for leadership changes at IHS, including a reconstitution of the Company’s Board of Directors (the “Board”) and the replacement of the CEO and Chair Sam Darwish.

Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease, Inc. (NYSEGNL) (“GNL”) and The Necessity Retail REIT, Inc. NASDAQ: RTLNASDAQRTL)

Blackwells Capital LLC (together with its affiliates, “Blackwells”), a long-term shareholder of IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”), today announced that it has sent a follow-up letter to the Company’s Board of Directors (the “Board”).

Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease Inc. (NYSEGNL) (“Global Net Lease,” “GNL” or the “Company") and The Necessity Retail REIT Inc. NASDAQ: RTLNASDAQRTL)

Blackwells Capital LLC (together with its affiliates, “Blackwells” or “we”) today responded to the decisions by the boards of directors of Global Net Lease, Inc. (NYSEGNL) (“GNL”) and The Necessity Retail REIT, Inc. (Nasdaq: RTL) (“RTL”) to delay their respective Annual Meetings of Stockholders (together, the “Annual Meetings”), which were originally scheduled to be held on May 18, 2023. The Annual Meetings have been delayed by more than two months to “on or about July 21, 2023.” Blackwells believes the boards of directors of GNL and RTL should immediately confirm the July timing for the Annual Meetings and publicly commit to forgoing further delays.

Blackwells Capital LLC (together with its affiliates, “Blackwells” or “we”) today announced that Glass, Lewis & Co LLC (“Glass Lewis”), a leading independent proxy advisory firm, has endorsed its case for boardroom change at Global Net Lease, Inc. (NYSEGNL) (“GNL” or “the Company”) and The Necessity Retail REIT, Inc. NYSE: RTLNYSERTL)

Blackwells Capital LLC (together with its affiliates, “Blackwells”), today issued a letter to fellow shareholders reminding them to vote on the WHITE Universal Proxy Card to support the urgent need for boardroom change at Global Net Lease, Inc. (“GNL”) (NYSEGNL).

Blackwells Capital LLC (together with its affiliates, “Blackwells”), today issued a letter to fellow shareholders reminding them to vote on the WHITE Universal Proxy Card to support the urgent need for boardroom change at The Necessity Retail REIT, Inc. (“RTL”) (NYSERTL).

Blackwells Capital LLC (together with its affiliates “Blackwells” or “we”), today issued a letter to fellow shareholders regarding the urgent need for boardroom change at Global Net Lease, Inc. (NYSEGNL) (“Global Net Lease” or “GNL”).

Blackwells Capital LLC (together with its affiliates “Blackwells” or “we”), today issued a letter to fellow shareholders regarding the urgent need for boardroom change at The Necessity Retail REIT, Inc. (NASDAQRTL) (“Necessity Retail REIT” or “RTL”).

Blackwells Capital LLC (together with its affiliates “Blackwells” or “we” or “our”), today announced the release of a presentation to Global Net Lease Inc. (NYSEGNL) (“Global Net Lease” or “GNL”) and The Necessity Retail REIT Inc. NASDAQ: RTLNASDAQRTL)

Rejections of Blackwells’ Nominations Are an Attempt by the Boards and External Manager AR Global to Deny Stockholders the Right to Conflict-Free, Independent Directors

Emphasizes Untenable Conflict of Interest between the External Manager, AR Global, and the Company

Highlights Complete Disregard for Stockholders by CEO Nelson and Director Weil

Blackwells Capital LLC (together with its affiliates “Blackwells,” “we” or “us”), an alternative investment management firm that is a significant shareholder of Peloton Interactive, Inc. (“Peloton” or the “Company”) (NASDAQPTON), today published a presentation highlighting the failure of Peloton’s new CEO to galvanize shareholder support, address the severe and lingering governance issues facing the Company, or justify Peloton’s independence.

Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm that is a significant shareholder of Peloton Interactive, Inc. (“Peloton” or the “Company”) (NASDAQPTON), yesterday sent the Peloton Board of Directors a comprehensive presentation outlining the need for immediate change in leadership and demand for the Board of Directors to initiate a strategic alternatives process to maximize value for the benefit of all shareholders.

Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm that is a significant shareholder of Peloton Interactive, Inc. (“Peloton” or the “Company”) (NASDAQPTON), yesterday sent the Peloton Board of Directors a comprehensive presentation outlining the need for immediate change in leadership and demand for the Board of Directors to initiate a strategic alternatives process to maximize value for the benefit of all shareholders.

Blackwells Capital LLC (together with its affiliates “Blackwells”), an alternative investment management firm that is a significant shareholder of Peloton Interactive, Inc. (“Peloton” or the “Company”) (NASDAQPTON), today sent a letter to the Board of Directors of Peloton. In it, Blackwells presents its serious concerns about the direction and performance of the Company and calls on the Board to remove current CEO John Foley, as a result of his multiple leadership failures. Blackwells also believes that the Board must consider selling the Company to a strategic acquiror.