Frank Hasenfratz Acquires 14,313 Common Shares
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).
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