Blackwells Capital Issues Letter to Shareholders of Global Net Lease, Inc (“GNL”) Ahead of Critical Vote at the 2023 Annual Meeting
NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates “Blackwells” or “we”), today issued a letter to fellow shareholders regarding the urgent need for boardroom change at Global Net Lease, Inc. (NYSE: GNL) (“Global Net Lease” or “GNL”).
We invite all shareholders to learn more about our case for change and director candidates at www.StopARGlobal.com.
The full letter to shareholders has been reproduced below:
Dear fellow shareholder:
At the upcoming annual meeting of shareholders (including any other meeting of shareholders held in lieu thereof and adjournments, postponements, reschedulings or continuations thereof the “Annual Meeting”) on May 18, 2023, shareholders will have an opportunity to halt the ongoing destruction of value at Global Net Lease, Inc. (“Global Net Lease” or “GNL”) by electing two highly qualified and independent director candidates to hold AR Global Investments, LLC (“AR Global”) – the parent company of the ‘advisor’ and ‘property manager’ of GNL – accountable for what we believe is obvious self-dealing and self-enrichment.