-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UBF3gWvqHlWf9vkGUeYRcS+pVtFKIZZkSfMfX2E+7nhrl1ZM2D+HlJT52CKqNbWI RPjp9Ui0xE59ru8XhH88Pw== 0001104659-09-025951.txt : 20090424 0001104659-09-025951.hdr.sgml : 20090424 20090424083024 ACCESSION NUMBER: 0001104659-09-025951 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090424 DATE AS OF CHANGE: 20090424 EFFECTIVENESS DATE: 20090424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAC-GRAY CORP CENTRAL INDEX KEY: 0001038280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 043361982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13495 FILM NUMBER: 09767985 BUSINESS ADDRESS: STREET 1: 404 WYMAN STREET STREET 2: SUITE 400 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-487-7600 MAIL ADDRESS: STREET 1: 404 WYMAN STREET STREET 2: SUITE 400 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: MAC GRAY INC DATE OF NAME CHANGE: 19970424 DEFA14A 1 a09-10477_3defa14a.htm DEFA14A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

x

Definitive Additional Materials

o

Soliciting Material Pursuant to §240.14a-12

 

MAC-GRAY CORPORATION

(Name of Registrant as Specified In Its Charter)

 

N/A

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check the appropriate box):

x

No fee required.

o

Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

 

(1)

Title of each class of securities to which transaction applies:

 

 

 

 

(2)

Aggregate number of securities to which transaction applies:

 

 

 

 

(3)

Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 

 

 

(4)

Proposed maximum aggregate value of transaction:

 

 

 

 

(5)

Total fee paid:

 

 

 

o

Fee paid previously with preliminary materials.

o

Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

(1)

Amount Previously Paid:

 

 

 

 

(2)

Form, Schedule or Registration Statement No.:

 

 

 

 

(3)

Filing Party:

 

 

 

 

(4)

Date Filed:

 

 

 

 



 

FOR IMMEDIATE RELEASE

 

Leading Independent Proxy Advisory Firm Proxy Governance, Inc.
Recommends Mac-Gray Stockholders Vote for Mac-Gray’s Director
Nominees on the White Proxy Card

 

WALTHAM, MA, April 24 2009 Mac-Gray Corporation (NYSE: TUC), the nation’s premier provider of laundry facilities management services to multi-unit housing locations, today announced that PROXY Governance, Inc., a leading independent proxy advisory firm, has recommended that its clients support the two Mac-Gray director nominees — Stewart G. MacDonald and Christopher T. Jenny — by voting for them on the White proxy card.

 

“We are extremely pleased that PROXY Governance supports the election of both of Mac-Gray’s director nominees,” said Thomas E. Bullock, Chair of Mac-Gray’s Governance & Nominating Committee.  “We believe it is the right decision given the facts.  We strongly urge all Mac-Gray shareholders to vote FOR our highly-qualified director nominees on the WHITE proxy card today via mail, telephone, internet, or at the Company’s Annual Meeting to be held on May 8, 2009.”

 

PROXY Governance independently evaluates proxy issues and makes voting recommendations on an issue-by-company basis, considering a company’s performance record, business environment, management strength, corporate governance and other factors.

 

In its April 23, 2009 report recommending that Mac-Gray stockholders re-elect the Company’s two Board nominees, PROXY Governance stated the following:

 

·                  “The open question for investors….is which slate of nominees is best suited to help the company, going forward, to deliver value to shareholders. The company nominees are Chairman/CEO MacDonald, who is the company’s largest shareholder, and C. Jenny, a senior partner with The Parthenon Group, a management consulting boutique and hedge fund. The two dissidents, Clark and Ginsberg, have less business and operational experience, and no public board history, but say they would bring an investor perspective to the board.”

 

·                  “Our endorsement of the board nominees in this contest, however, is specific to the nominees up for election this year….While we believe the company’s board could use a stronger shareholder perspective — with increased focus on earnings, the stock price and governance issues — we are not convinced that unseating the CEO or the director on the board with perhaps the most capital markets expertise is either the best means to achieving that end or warranted at this time.”

 



 

Mac-Gray Corporation urges stockholders to follow the PROXY Governance recommendation by signing, dating and returning the WHITE proxy card today.  For additional information on how to vote their shares, stockholders should contact MacKenzie Partners, Inc., by toll-free telephone at 800-322-2885 or by e-mail at proxy@mackenziepartners.com

 

About Mac-Gray Corporation

 

Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin-operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages approximately 80,000 laundry rooms located in 43 states and the District of Columbia.

 

Mac-Gray also sells, services and leases commercial laundry equipment to commercial laundromats and institutions through its product sales division. This division also includes Mac-Gray’s MicroFridge® business, where Mac-Gray sells its proprietary MicroFridge® line of products, which are combination refrigerators/freezers/microwave ovens utilizing innovative Safe Plug circuitry. MicroFridge® and Maytag products bear the ENERGY STAR® designation. To learn more about Mac-Gray, visit the Company’s website at www.macgray.com.

 

LaundryView®, MicroFridge® and Intelligent Laundry® Systems are registered trademarks of Mac-Gray Corporation.  All other product names, service marks and trademarks mentioned herein are trademarks of their respective owners.

 

Important Information

 

In connection with the solicitation of proxies, on April 3, 2009, Mac-Gray Corporation filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with the Company’s 2009 Annual Meeting. MAC-GRAY’S STOCKHOLDERS ARE STRONGLY ADVISED TO READ THE DEFINITIVE PROXY MATERIALS AND ANY OTHER RELEVANT SOLICITATION MATERIALS FILED BY MAC-GRAY WITH THE SEC BEFORE MAKING ANY VOTING OR INVESTMENT DECISION BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION. The Company’s proxy statement and any other materials filed by the Company with the SEC can be obtained free of charge at the SEC’s web site at www.sec.gov. The Company’s definitive proxy materials are also available for free from Mac-Gray Corporation at http://www.macgray.com/proxy, by writing to Mac-Gray Corporation, 404 Wyman Street, Suite 400, Waltham, MA 02451, Attention: Secretary, Linda A. Serafini, or by contacting MacKenzie Partners, Inc., by toll-free telephone at 800-322-2885 or by e-mail at proxy@mackenziepartners.com. The contents of the websites referenced above are not deemed to be incorporated by reference into the proxy statement.

 

Mac-Gray Corporation and its directors, nominees and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Mac-Gray in connection with the Company’s 2009 Annual Meeting of Stockholders.  Information concerning the interests of participants in the solicitation of proxies is included in the definitive proxy statement filed by Mac-Gray with the SEC on April 3, 2009 in connection with its 2009 Annual Meeting of Stockholders.

 

2



 

Contacts:

Michael J. Shea

Jim Buckley

Chief Financial Officer

Executive Vice President

Mac-Gray Corporation

Sharon Merrill Associates, Inc.

781-487-7610

617-542-5300

Email: mshea@macgray.com

Email: jbuckley@investorrelations.com

 

 

Mark Harnett

 

MacKenzie Partners, Inc.

 

(800) 322-2885

 

Email: proxy@mackenziepartners.com

 

 

3


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