Engine Capital sends letter to Parkland Corp.’s board of directors regarding the need to collaborate with shareholders on value-enhancing changes

Warns the Board Not to Pursue Costly and Wasteful Litigation and Start Working with Shareholders to Appoint Highly Qualified, Independent Directors with Records of Value Creation and Relevant Industry Experience

NEW YORK–(BUSINESS WIRE)–Engine Capital LP, which owns approximately 2.5% of Parkland Corporation’s (TSX: PKI) outstanding shares, today sent the above letter (BOE Report Editor’s Note: Letter available HERE) to members of Parkland Corporation’s Board of Directors.

Contacts

For Investors:

Engine Capital LP
Arnaud Ajdler, 212-321-0048
[email protected]

For Media:

Longacre Square Partners
Charlotte Kiaie / Aaron Rabinovich, 646-386-0091
[email protected] / [email protected]