Proxy Advisory Firm ISS Recommends Stratus Shareholders Oppose Nominee Jim Leslie and Poison Pill
Friday, May 21, 2021 6:10PM IST (12:40PM GMT)
ISS Confirms Underperformance and Concern of Entrenchment
Oasis Urges Shareholders to Vote on the GOLD Proxy Card for the Oasis Nominees
Oasis Management Company Ltd. (“Oasis”) is manager to a fund that is a significant, long-term shareholder of Stratus Properties Inc. (NASDAQ: STRS) (the “Company” or “Stratus”) that beneficially owns over 13.5% of Stratus ordinary shares.
Oasis urges Stratus shareholders to vote on the
GOLD proxy card for the highly qualified and independent Oasis director nominees.
While Institutional Shareholder Services (“ISS”), a leading independent proxy advisory firm, recommends shareholders “oppose the reelection of long-tenured incumbent James Leslie”, Oasis disagrees with ISS that the election of only one of Oasis’ nominees is sufficient change to the composition to t
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