LONDON, July 7, 2017 /PRNewswire/ -- VTTI Energy Partners
LP (NYSE: VTTI) (the "Partnership") announced today that it has
established a record date of July 17,
2017 and a meeting date of September
13, 2017 for a special meeting of its unitholders. At the
special meeting, which will be held at 25-27 Buckingham Palace
Road, London, Partnership
unitholders will vote on the previously announced proposed merger
(the "Merger") of the Partnership and VTTI B.V. ("VTTI"), and
related matters pursuant to the Agreement and Plan of Merger dated
as of May 8, 2017 (the "Merger
Agreement"), by and among the Partnership, VTTI, VTTI Energy
Partners GP LLC, the general partner of the Partnership, VTTI MLP
Partners B.V. and VTTI Merger Sub LLC, wholly owned subsidiaries of
VTTI.
Partnership unitholders of record at the close of business on
July 17, 2017, will be entitled to
receive notice of the special meeting and to vote at the special
meeting. Subject to satisfaction of the remaining closing
conditions, including receipt of Partnership unitholder approval,
the parties currently expect to complete the Merger shortly
following conclusion of the special meeting.
About VTTI Energy Partners LP
VTTI Energy Partners LP is a fee-based limited partnership,
formed to own, operate, develop and acquire refined petroleum
product and crude oil terminaling and related energy infrastructure
assets on a global scale. The Partnership's assets include
interests in a broad-based portfolio of six terminals that are
strategically located in energy hubs throughout the world with a
combined total storage capacity of 36 million barrels.
About VTTI B.V.
VTTI B.V. is a fee-based, growth-oriented business formed to
own, operate, develop and acquire refined petroleum product and
crude oil terminaling and related energy infrastructure assets on a
global scale. VTTI's assets include interests in a broad-based
portfolio of terminals that are strategically located throughout
the world with a combined total storage capacity of 57 million
barrels.
Forward Looking Statements
This press release contains "forward-looking statements." All
statements, other than statements of historical facts, that address
activities, events or developments that the Partnership expects,
projects, believes or anticipates will or may occur in the future
are forward-looking statements. You are cautioned not to rely on
these forward-looking statements, which speak only as of the date
of this press release. The Partnership undertakes no obligation and
does not intend to update these forward-looking statements to
reflect events or circumstances occurring after this press release.
These statements are based on current expectations of future
events, are not guarantees of future performance and are subject to
risks, uncertainties and other factors, some of which are beyond
the Partnership's control and are difficult to predict. These risks
and uncertainties include the risks that the proposed transaction
may not be consummated or the benefits contemplated therefrom may
not be realized. If underlying assumptions prove inaccurate
or unknown risks or uncertainties materialize, actual results could
vary materially from our expectations and projections. When
considering these forward-looking statements, you should keep in
mind the risk factors and other cautionary statements found in our
filings with the SEC, which include, but are not limited to, those
found in the Partnership's Annual Report filed on Form 20-F with
the SEC on April 28, 2017.
For additional information contact:
VTTI ENERGY PARTNERS LP:
Robert Abbott
Chief Financial Officer
Email: abb@vtti.com
Tel: +44 20 3772 0110
Additional Information and Where to Find It
This communication does not constitute a solicitation of any
vote or approval with respect to the Merger. This communication
relates to a proposed business combination between VTTI and the
Partnership. In connection with the proposed transaction, the
Partnership will prepare and disseminate a proxy statement to its
unitholders. WE URGE SECURITY HOLDERS TO READ THE PROXY
STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE DISSEMINATED
BY THE PARTNERSHIP BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT
INFORMATION. Security holders will be able to obtain these
materials (if and when they are available) free of charge at the
SEC's website, www.sec.gov. In addition, copies of any documents
filed with the SEC may be obtained free of charge from the
Partnership's internet website for investors at
http://www.vttienergypartners.com. Investors and security holders
may also read and copy any reports, statements and other
information filed by the Partnership with the SEC at the SEC public
reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at
1-800-SEC-0330 or visit the SEC's website for further information
on its public reference room.
Participation in the Solicitation of Votes
VTTI and the Partnership and their respective directors and
executive officers may be considered participants in the
solicitation of proxies in connection with the proposed
transaction. Information regarding the Partnership's
directors and executive officers is available in its Annual Report
on Form 20-F for the year ended December 31,
2016, filed with the SEC on April 28,
2017. Other information regarding the participants in the
proxy solicitation and a description of their direct and indirect
interests, by security holdings or otherwise, will be contained in
the proxy statement and other relevant materials when they become
available.
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