Permian Basin Royalty Trust Held Special Meeting of Unitholders

Reuters05:03

Permian Basin Royalty Trust Held Special Meeting of Unitholders

Permian Basin Royalty Trust held a special meeting of unit holders on December 16, 2025. Unit holders approved a non-binding proposal for SoftVest Advisors or another appropriate party to take actions to seek judicial reformation or modification of the Trust Indenture, allowing amendments to the Trust Indenture to be approved by a simple majority of votes cast at a special meeting with a quorum present. Unit holders also approved the proposal to allow for the adjournment of the special meeting, if necessary, to permit solicitation of additional proxies in favor of the proposed reformation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-324783), on December 18, 2025, and is solely responsible for the information contained therein.

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