This excerpt taken from the VLG DEF 14A filed Oct 2, 2006.
October 2, 2006
This proxy statement is furnished to the holders of Common Stock of Valley National Gases Incorporated (the Company) in connection with the solicitation of proxies for use in connection with the Annual Meeting of the Shareholders (the Annual Meeting) to be held at the Pittsburgh Airport Marriott Hotel, 777 Aten Road, Coraopolis, Pennsylvania 15108, on Tuesday, October 31, 2006 at 9:00 a.m., Eastern time, and all adjournments or postponements thereof, for the purposes set forth in the accompanying Notice of Annual Meeting of Shareholders. Only holders of record of the Companys Common Stock at the close of business on September 19, 2006 will be entitled to vote at the Annual Meeting. Such holders are hereinafter referred to as the Shareholders. The Company is first mailing this proxy statement and the enclosed form of proxy to Shareholders on or about October 2, 2006.
Whether or not you expect to be present in person at the Annual Meeting, you are requested to complete, sign, date and return the enclosed proxy, and the shares represented thereby will be voted in accordance with your instructions. If you attend the meeting, you may vote by ballot. If you do not attend the meeting, your shares of Common Stock can be voted only when represented by a properly executed proxy.
Any person giving such a proxy has the right to revoke it at any time before it is voted by giving written notice of revocation to the Secretary of the Company, by duly executing and delivering a proxy bearing a later date, or by attending the Annual Meeting and voting in person.
The close of business on September 19, 2006 has been fixed as the record date for the determination of the shareholders entitled to vote at the Annual Meeting. As of the record date, 9,678,934 shares of Common Stock were outstanding and entitled to be voted at the Annual Meeting, with 55 holders of record. Shareholders will be entitled to cast one vote on all matters for each share of Common Stock held of record on the record date.
A copy of the Companys Annual Report to Shareholders for the fiscal year ended June 30, 2006 accompanies this proxy statement.
The solicitation of this proxy is made by the Board of Directors of the Company. The solicitation will be by mail and the expense thereof will be paid by the Company. In addition, proxies may be solicited by telephone, telefax or other means, or personal interview, by directors, officers or regular employees of the Company who will receive no additional compensation for their services.