RICE MIDSTREAM PARTNERS LP (NYSE:RMP) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On July20, 2018, Rice Midstream Partners LP (RMP) held a special meeting of unitholders (the Special Meeting) to consider a proposal to approve the Agreement and Plan of Merger, dated as of April25, 2018 (the Merger Agreement), by and among EQT Midstream Partners, LP (EQM), EQT Midstream Services, LLC, the general partner of EQM, EQM Acquisition Sub, LLC, a wholly owned subsidiary of EQM, EQM GP Acquisition Sub, LLC, a wholly owned subsidiary of EQM, RMP, Rice Midstream Management LLC, the general partner of RMP, and, solely for purposes of certain provisions therein, EQT Corporation (EQT) (the Merger Proposal).
As of June7, 2018, the record date for the Special Meeting, there were approximately 102,323,796 common units representing limited partner interests in RMP (the RMP Common Units) outstanding, each of which was entitled to one vote in connection with the Merger Proposal. At the Special Meeting, a total of 83,745,178 RMP Common Units, representing approximately 81.8% of the outstanding RMP Common Units entitled to vote at the Special Meeting, were present in person or by proxy, constituting a quorum to conduct business.
The Merger Proposal was approved by the requisite vote of RMP’s unitholders. The final voting results are described below. For more information regarding the Merger Agreement and the Merger Proposal, see RMP’s definitive proxy statement filed with the Securities and Exchange Commission (the SEC) on June20, 2018.
%Cast |
Units |
%Cast |
Units |
||||
UnitsFor |
For |
Against |
Against |
Abstained |
|||
Merger Proposal* |
83,713,570 |
99.9 |
% |
26,345 |
0.0 |
% |
5,263 |
* For purposes of the Merger Proposal, any abstention or an RMP unitholder’s failure to vote, including the failure of a beneficial owner to provide voting instructions to its broker, bank or other nominee, had the same effect as a vote against the Merger Proposal.
Item 8.01. Other Events.
On July20, 2018, EQM and RMP issued a joint news release announcing the results of the Special Meeting. A copy of the news release is attached hereto as Exhibit99.1 and is incorporated in this Item 8.01 by reference.