This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Trimac Announces Conversion Of Class B Shares

Jeffrey J. McCaig is currently the indirect beneficial owner of, and exercises control or direction over, 3,918,094 Class A Shares and 6,336,168 Class B Shares held through Trimac Holdings Ltd. Control or direction over the remaining Class A Shares held directly and indirectly by Trimac Holdings Ltd. is exercised by shareholders of Trimac Holdings Ltd. other than Jeffrey J. McCaigJeffrey J. McCaig is also currently the indirect beneficial owner of, and exercises control or direction over, 2,264,344 Class A Shares held outside of Trimac Holdings Ltd.  In the aggregate, Jeffrey J. McCaig is the indirect beneficial owner of, and exercises control or direction over, 6,182,438 Class A Shares, representing 29.57% of all of the issued and outstanding Class A Shares, and 12,518,606 voting shares of Trimac, representing 45.88% of all of the issued and outstanding voting shares of Trimac. Following completion of the transaction, on an aggregate basis, both through and outside of Trimac Holdings Ltd., Jeffrey J. McCaig will directly and indirectly hold and exercise control or direction over 13,246,584 Class A Shares, representing 47.28% of all of the issued and outstanding Class A Shares, an increase of 17.71% over his current holdings of Class A Shares and an increase of 1.4% over his current holdings of voting shares of Trimac.

The registered office of Trimac Holdings Ltd. is 1700, 800 - 5 Avenue SW, Calgary, Alberta, T2P 5A3 and Trimac Holdings Ltd. is relying on the exemption available pursuant to Section 4.2 of National Instrument 62-104 on the basis that it is acquiring the Class A Shares from a single party and the consideration paid is not greater than 115% of the market price of the Class A Shares.

About Trimac: Trimac is Canada's largest provider of bulk trucking services with operations from coast to coast.  In addition, through its National Tank Services division, Trimac performs repairs, maintenance and tank-trailer cleaning services for both the Trimac fleet and for third party commercial customers. Trimac also provides third party transportation logistics services in Canada and the United States through its wholly owned subsidiary Bulk Plus Logistics.

SOURCE Trimac Transportation Ltd.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.08 -0.58%
FB $118.04 -0.02%
GOOG $698.02 0.33%
TSLA $215.10 -3.40%
YHOO $37.05 2.90%


Chart of I:DJI
DOW 17,724.54 +73.28 0.42%
S&P 500 2,058.78 +7.66 0.37%
NASDAQ 4,738.4560 +12.8170 0.27%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs