FrontFour Releases Presentation Detailing Urgent Need For Change At OM Group

Concerned by OM Group's History of Stock Price Underperformance, Weak Financial Performance and Poor Capital Allocation

Outlines Clear Plan to Create Value for All Shareholders

GREENWICH, Conn., March 4, 2015 /PRNewswire/ -- FrontFour Capital Group LLC, together with its affiliates ("FrontFour"), one of the largest shareholders of OM Group, Inc. ("OM Group" or the "Company") OMG with ownership of approximately 5.9% of OM Group's outstanding shares of common stock, today announced it has filed a detailed presentation with the Securities and Exchange Commission ("SEC") explaining its belief that urgent change is needed to OM Group's Board of Directors.

FrontFour's detailed presentation is available on the SEC's website and can be viewed by clicking the following link:  http://tinyurl.com/FrontFour-OMG-Mar-4

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS

FrontFour Capital Group LLC ("FrontFour Capital"), together with the other Participants (as defined below), intends to make a preliminary filing with the Securities and Exchange Commission ("SEC") of a proxy statement and accompanying proxy card to be used to solicit votes for the election of director nominees at the 2015 annual meeting of stockholders of OM Group, Inc., a Delaware corporation (the "Company").

FRONTFOUR CAPITAL STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.  SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV.  IN ADDITION, THE PARTICIPANTS IN THE PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE UPON REQUEST.

The Participants in the proxy solicitation are anticipated to be FrontFour Capital, FrontFour Master Fund, Ltd. ("FrontFour Master"), FrontFour Opportunity Fund Ltd. (the "Canadian Fund"), FrontFour Capital Corp., Stephen E. Loukas, David A. Lorber, Zachary R. George, Thomas R. Miklich and Allen A. Spizzo (collectively, the "Participants").

As of the date hereof, the Participants may be deemed to collectively beneficially own an aggregate of 1,785,606 shares of Common Stock of the Company, consisting of 1,066,546 shares beneficially owned directly by FrontFour Master, including 94,100 shares of Common Stock underlying certain call options exercisable within 60 days of the date hereof, 93,882 shares beneficially owned directly by the Canadian Fund, including 8,300 shares of Common Stock underlying certain call options exercisable within 60 days of the date hereof, and 625,178 shares beneficially owned directly by accounts managed by FrontFour Capital, including 52,600 shares of Common Stock underlying certain call options exercisable within 60 days of the date hereof.

As members of a "group" for the purposes of Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended, each of the Participants may be deemed to beneficially own the shares of Common Stock of the Company beneficially owned in the aggregate by the other Participants.  Each of the Participants disclaims beneficial ownership of such shares of Common Stock except to the extent of his or its pecuniary interest therein.

About FrontFour Capital:

FrontFour Capital is an investment adviser with offices in Greenwich, CT and Toronto, ON.  FrontFour focuses on value-oriented investments in North American companies.

CONTACT

Investor Contact:

David A. Lorber
FrontFour Capital Group LLC
35 Mason Street, 4th Floor
Greenwich, CT 06830
203-274-9050

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/frontfour-releases-presentation-detailing-urgent-need-for-change-at-om-group-300045687.html

SOURCE FrontFour Capital Group LLC

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