Plains All American to Consider New Long-Term Equity Incentive Plan
OREANDA-NEWS. September 20, 2013. Plains All American Pipeline, L.P. (NYSE: PAA) announced today that it will hold a special meeting of unitholders at 1:00 p.m. Central Time on November 19, 2013.
At the meeting, PAA unitholders will be asked to consider and vote upon proposals to approve (i) a new long-term equity incentive plan and (ii) the adjournment of the special meeting to a later date, if necessary, to solicit additional proxies. The meeting will be held in the Senate Room at Two Allen Center, 1200 Smith Street, Houston, Texas 77002 for unitholders of record as of the close of business on September 20, 2013. It is anticipated that proxy materials will be mailed to unitholders of record on or about October 10, 2013.
Plains All American Pipeline, L.P. is a publicly traded master limited partnership engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids. Through its general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (NYSE: PNG), PAA owns and operates natural gas storage facilities. PAA is headquartered in Houston, Texas.
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