Performance Sports Group (PSG) announced that it wais mailing its definitive
proxy materials in connection with its 2015 Annual and Special Meeting
of Shareholders, to be held on October 14, 2015. The board also sent a
letter to shareholders strongly recommending that shareholders vote for
its nominees for director and against Graeme Roustan, its former
chairman, who is seeking a board seat.

“Under the stewardship of
our Board of Directors and through the hard work and dedication of our
management team, Performance Sports Group has consistently executed on
our growth strategy, and delivered meaningful value for all of our
shareholders,” said Kevin Davis, chief executive officer and director of
Performance Sports Group.   “Our Company is showing strong momentum and
has a clear path forward to build on our leadership position in the
performance sports product market.  We believe that our Board has the
right balance of skills, experience and independence needed to ensure
our business not only continues to improve, but generates long term
value for shareholders.”
As reported, Roustan first approached PSG’s board to seek a seat in January 2015 and has questioned the company’s imminent opening of its first “Own the Moment” Bauer Hockey retail stores. He became chairman in 2008 following Nike’s sale of the company, then Bauer Performance Sports Ltd., to Kohlberg & Co., and resigned as chairman in 2012. He holds around a 1.3 percent stake in PSG.

The company owns the Bauer, Mission, Maverik, Cascade, Inaria, Combat, and Easton brand names

The full text of the letter from PSG is included here: