GREEN PLAINS PARTNERS LP (NASDAQ:GPP) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy Continued Listing Rule or Requirement; Transfer of Listing.

On September1, 2017, John D. Chandler, who has served as a member of the board of directors of Green Plains Holdings LLC, the general partner of Green Plains Partners LP, a member of the board’s conflicts committee and a member of the board’s audit committee since June30, 2016, informed the partnership of his resignation, effective immediately. Mr.Chandler informed the partnership that his resignation occurred as he had accepted a position with another publically traded company. His resignation was not the result of any disagreement related to the general partner or the partnership’s operations, policies or practices.

Mr.Chandlers’ resignation has created a vacancy on the general partner’s board of directors, conflicts committee and audit committees for an independent member of the board. As a result, the audit committee of the general partner does not currently have at least three independent directors as required under Nasdaq Rule 5605(c)(2)(A).

On September5, 2017, the partnership provided notice to Nasdaq that Mr.Chandler’s resignation caused non-compliance with the above-referenced Nasdaq rule. In response, on September5, 2017, the partnership received notice from Nasdaq stating that the partnership no longer complies with Nasdaq’s audit committee requirements as set forth in Listing Rules 5605 and 5615(a)(4)(C). Consistent with Listing Rule 5605(c)(4), Nasdaq will provide a cure period to regain compliance until September1, 2018. The general partner intends to fill this vacancy on the board of the general partner and its audit committee and regain compliance with the above-referenced Nasdaq rule within such cure period.

Item 3.01. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

The information regarding Mr.Chandler’s resignation from the board of directors of the general partner and its audit committee is incorporated herein by reference.

Item 3.01. Regulation FD Disclosure.

On September6, 2017, the partnership issued a press release announcing this resignation, which is included as Exhibit 99.1 and incorporated herein by reference.

Item 3.01. Financial Statements and Exhibits.

Green Plains Partners LP Exhibit
EX-99.1 2 d409574dex991.htm EX-99.1 EX-99.1 Exhibit 99.1      FOR IMMEDIATE RELEASE Green Plains Partners Announces Resignation of John D. Chandler from its Board OMAHA,…
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About GREEN PLAINS PARTNERS LP (NASDAQ:GPP)

Green Plains Partners LP provides fee-based fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The Company’s parent company is Green Plains Inc. (Green Plains). The Company was formed by Green Plains, a vertically integrated ethanol producer, to support its marketing and distribution activities as its primary downstream logistics provider. The Company’s ethanol storage assets are the principal method of storing the ethanol produced at its parent’s ethanol production plants. The Company owns approximately 30 ethanol storage facilities and approximately 50 acres of land. The Company’s storage tanks are located at its parent’s ethanol production plants. The Company’s ethanol storage tanks have combined storage capacity of approximately 31.8 million gallons (mmg) and an aggregate throughput capacity of approximately 1,670 million gallons per year.

GREEN PLAINS PARTNERS LP (NASDAQ:GPP) Recent Trading Information

GREEN PLAINS PARTNERS LP (NASDAQ:GPP) closed its last trading session up +0.15 at 19.15 with 13,232 shares trading hands.