ENLC News & Events

Oneok (OKE) and EnLink Midstream (ENLC) announced that EnLink unitholders approved Oneok's previously announced acquisition of the remaining publicly held common units of EnLink. According to preliminary results of the EnLink Special Meeting of Unitholders, approximately 99.8% of the common units voted, or 379.1M units, were cast in favor of the transaction, resulting in 82.9% of outstanding units voting in favor. The acquisition is expected to close tomorrow, Jan. 31. EnLink common units are expected to cease trading on the New York Stock Exchange prior to market open on Jan. 31. As previously announced, upon completion of the acquisition, each outstanding common unit of EnLink not owned by Oneok will be converted into 0.1412 shares of Oneok common stock.

Oneok (OKE) and EnLink Midstream (ENLC) announced that the two leading independent proxy advisory firms, ISS and Glass Lewis, have recommended that EnLink unitholders vote in favor of Oneok's pending acquisition of the remaining publicly held common units of EnLink at the upcoming Special Meeting of EnLink Unitholders. The Special Meeting is scheduled to take place on Jan. 30 and will be held virtually. The EnLink Board of Directors and the Conflicts Committee of the EnLink Board of Directors unanimously recommend that unitholders vote for all proposals provided in detail in the definitive proxy statement related to the Special Meeting. Completion of the acquisition is subject to the approval of a majority of the outstanding EnLink common units including common units owned by Oneok and other customary closing conditions. No Oneok shareholder vote is required to complete the transaction. The transaction is expected to close soon after the Special Meeting, subject to the satisfaction or waiver of all other closing conditions.

ONEOK,(OKE) and EnLink Midstream (ENLC) announced the filing of EnLink's definitive proxy materials with the U.S. Securities and Exchange Commission, SEC, in connection with ONEOK's pending acquisition of the remaining publicly held common units of EnLink. All EnLink unitholders of record as of the close of business on Dec. 23, 2024, will be entitled to vote their units at the Special Meeting. The EnLink Board of Directors and the Conflicts Committee of the EnLink Board of Directors unanimously recommend that unitholders vote "FOR" all proposals provided in detail in the definitive proxy statement. Proxy materials are expected to be mailed on or about Dec. 31, 2024.