MoneyGram International Sets Date for Annual Meeting
MINNEAPOLIS--(BUSINESS WIRE)--Feb. 12, 2009--
MoneyGram International (NYSE: MGI) today announced that its board of
directors has set the close of business on March 16, 2009, as the record
date for stockholders to receive notice of and to vote at the Company’s
2009 Annual Meeting of Stockholders. The 2009 Annual Meeting of
Stockholders of MoneyGram International, Inc. is scheduled for May 12,
2009, in Minneapolis, Minn.
Any stockholder proposals for inclusion in MoneyGram’s proxy materials
for the Annual Meeting, in order to be considered timely, must be
received by the Corporate Secretary at MoneyGram International at 1500
Utica Ave. S., M.S. 8010, Minneapolis, MN, 55416 no later than March 3,
MoneyGram plans to file with the Securities and Exchange Commission and
make its proxy statement available on its website on or about March 30,
2009, and advises its stockholders to read the proxy statement, as it
will contain important information about proposals being voted on at the
meeting. Those proposals will include the following: (1) an increase in
the total number of shares of stock which the Corporation has the
authority to issue from 257,000,000 to 1,307,000,000; (2) a reverse
stock split to be effected at the discretion of the Board of Directors;
(3) provision of proportional voting of directors; (4) declassification
of the Board of Directors; (5) amendments to the MoneyGram
International, Inc. 2005 Omnibus Incentive Plan to, among other things,
increase the aggregate number of shares that may be issued under all
awards from 7.5 million to 47 million shares; and (6) other routine
About MoneyGram International, Inc.
MoneyGram International offers more choices, more control and more power
for people separated by distance or with limited bank relationships to
meet their financial needs. A leading global payment services company,
MoneyGram International helps consumers to pay bills quickly and safely
send money around the world in as little as 10 minutes. Its global
network is comprised of 176,000 agent locations in more than 180
countries and territories. MoneyGram’s convenient and reliable network
includes retailers, international post offices and financial
institutions. Now, MoneyGram offers its most loyal customers MoneyGram
Rewards for cash discounts on eligible money transfers from the U.S. –
to register today. To learn more about money transfer or bill payment at
an agent location or online, please visit www.moneygram.com.
Source: MoneyGram International, Inc.
MoneyGram International, Inc.