Frank Hasenfratz Acquires 14,313 Common Shares
(firmenpresse) - GUELPH, ONTARIO -- (Marketwire) -- 05/16/12 -- Frank Hasenfratz, the Chairman of Linamar Corporation ("Linamar") (TSX: LNR) announced today that he acquired 14,313 common shares of Linamar. These shares were purchased on the open market pursuant to Linamar's share grant incentive program by a broker retained for such program. The 14,313 common shares purchased by Mr. Hasenfratz represent approximately 0.02% of the outstanding common shares of Linamar.
As a result of the transaction, Mr. Hasenfratz, together with 975904 Ontario Inc. and Hasenfratz Investments Ltd., companies controlled by Mr. Hasenfratz, own or exercise control or direction over 15,258,113 common shares, or approximately 23.58% of the outstanding common shares of Linamar. 14,200 shares were purchased at a price of $20.98 per share and 113 shares were purchased at a price of $20.83 per share. The shares are subject to an escrow agreement between Frank Hasenfratz and Linamar. In acquiring the shares, Mr. Hasenfratz relied on the normal course purchase exemption contained in section 100 of the Securities Act (Ontario).
Contacts:
Linamar Corporation
Frank Hasenfratz
(519) 836-7550
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Datum: 16.05.2012 - 11:03 Uhr
Sprache: Deutsch
News-ID 1115347
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