Early Warning Report regarding acquisition of shares of Ceres Global Ag Corp. by Cowan Asset Mangement Inc.
TORONTO, Nov. 25, 2016 /CNW/ -
State if the report is filed to amend information disclosed in an earlier report. Indicate the date of the report that is being amended. |
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This is an amended and restated report which amends information in an earlier report filed on July 29, 2016. As of the date of this report, the Acquiror (defined below) holds 5,107,400 common shares of the Reporting Issuer, representing a securityholding percentage of 18.98%. |
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Item 1 – Security and Reporting Issuer |
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1.1 |
State the designation of securities to which this report relates and the name and address of the head office of the issuer of the securities. |
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Common shares of Ceres Global Ag Corp. (TSX:CRP) |
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Ceres Global Ag Corp. (the "Reporting Issuer") |
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1660 S. Highway 100 |
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St. Louis Park, Minnesota |
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55416 |
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1.2 |
State the name of the market in which the transaction or other occurrence that triggered the requirement to file this report took place. |
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Toronto Stock Exchange |
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Item 2 – Identity of the Acquiror |
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2.1 |
State the name and address of the acquiror. |
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Cowan Asset Management Ltd. (the "Acquiror") |
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10 King Street E., Suite 401 |
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Toronto, Ontario |
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M5C 1C3 |
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2.2 |
State the date of the transaction or other occurrence that triggered the requirement to file this report and briefly describe the transaction or other occurrence. |
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The Acquiror acquired its holdings in the common shares of the Reporting Issuer (the "Securities") in a series of transactions over 36 months, including the following transactions (each, a "Reportable Transaction" and collectively, the "Reportable Transactions"): |
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Date |
Description |
Defined term for this report |
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14 Aug 2014 |
Acquiror's securityholding percentage increased |
First Reportable Transaction |
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31 Oct 2014 |
Acquiror's securityholding percentage increased |
Second Reportable Transaction |
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28 Nov 2014 |
Acquiror's securityholding percentage decreased |
Third Reportable Transaction |
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30 Dec 2014 |
Acquiror's securityholding percentage increased |
Fourth Reportable Transaction |
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18 Aug 2015 |
Acquiror's securityholding percentage increased |
Fifth Reportable Transaction |
|
14 Mar 2016 |
Acquiror's securityholding percentage increased |
Sixth Reportable Transaction |
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The Second Reportable Transaction resulted from a distribution of rights by the Reporting Issuer to all securityholders, which entitled holders to purchase one common share for every 1.1063 Rights held (the "Rights"). The Third Reportable Transaction resulted from the increase in the number of issued and outstanding common shares of the Reporting Issuer following the expiration of the subscription period for the Rights. The Acquiror's securityholding percentage during the Second Reporting Period (defined in Item 3.1 below) is a partially diluted position which includes only the Acquiror's Rights. Details of the rights offering are set out in a press release of the Reporting Issuer dated October 21, 2014. |
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2.3 |
State the names of any joint actors. |
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Princeton Holdings Limited ("Princeton") |
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705 Fountain Street N. |
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PO Box 1510 |
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Cambridge, Ontario |
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N1R 5T2 |
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See Item 3.4 for a description of the relationship between the Acquiror and Princeton. |
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Item 3 – Interest in Securities of the Reporting Issuer |
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3.1 |
State the designation and number or principal amount of securities acquired or disposed of that triggered the requirement to file the report and the change in the acquiror's securityholding percentage in the class of securities. |
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The following table sets out the number of securities acquired as of the date of the First Reportable Transaction and during each period beginning the day after a Reportable Transaction and ending on the date of the immediately subsequent Reportable Transaction between Reportable Transactions (each, a "Reporting Period"), and the change in securityholding percentage from the date of each Reportable Transaction until the end of the immediately subsequent Reporting Period: |
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Number of securities acquired |
Change in |
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First Reportable Transaction |
1,422,700 Securities acquired until the date of the First Reportable Transaction (the "First Reporting Period"). |
Initial reportable position |
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Second Reportable Transaction |
108,800 Securities and 1,525,000 rights acquired between the day after the date of the First Reportable Transaction and the date of the Second Reportable |
8.65% |
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Third Reportable Transaction |
1,525,989 Securities acquired between the day after date of the Second Reportable Transaction and the date of the Third Reportable Transaction (the "Third Reporting Period"). |
(7.36)% |
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Fourth Reportable Transaction |
540,499 Securities acquired between the day after date of the Third Reportable Transaction and the date of the Fourth Reportable Transaction (the "Fourth |
2.00% |
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Fifth Reportable Transaction |
542,032 Securities acquired between the date of the Fourth Reportable Transaction and the Fifth Reportable Transaction (the "Fifth Reporting Period"). |
2.00% |
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Sixth Reportable Transaction |
540,500 Securities acquired between the date of the Fifth Reportable Transaction and the Sixth Reportable Transaction (the "Sixth Reporting Period"). |
2.00% |
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Details of each transaction in Securities conducted by the Acquiror for the account of Princeton and for the accounts of its other investment management clients from the date of the First Reportable Transaction to the Remedial Filing Date are attached as Schedule A. |
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3.2 |
State whether the acquiror acquired or disposed ownership of, or acquired or ceased to have control over, the securities that triggered the requirement to file the report. |
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The Acquiror acquired control and direction over Securities in each Reportable Transaction. |
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3.3 |
State the designation and number or principal amount of securities and the acquiror's securityholding percentage in the class of securities, immediately before and after the transaction or other occurrence that triggered the requirement to file this report. |
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The following table sets out the number of Securities held by the Acquiror and the Acquiror's securityholding percentage as of the date of each Reportable Transaction: |
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As of Date |
Number of Securities held |
Securityholding percentage |
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First Reportable Transaction |
1,422,700 Securities |
10.01% |
|
Second Reportable Transaction |
1,531,500 Securities and 1,525,000 rights to acquire securities |
18.66% |
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Third Reportable Transaction |
3,057,469 Securities |
11.30% |
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Fourth Reportable Transaction |
3,597,968 Securities |
13.30% |
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Fifth Reportable Transaction |
4,140,000 Securities |
15.30% |
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Sixth Reportable Transaction |
4,680,500 |
17.30% |
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3.4 |
State the designation and number or principal amount of securities and the acquiror's securityholding percentage in the class of securities referred to in Item 3.3 over which the acquiror, either alone or together with any joint actors, has exclusive or shared control but does not have ownership. |
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The Acquiror has control and direction over the Securities set forth in Item 3.3 above. Beneficial Ownership of 4,577,900 of these Securities is held by Princeton, a discretionary investment management client of Cowan. The Acquiror is a wholly-owned subsidiary of Princeton, and therefore the Acquiror and Princeton are deemed to be joint actors. |
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Item 4 – Consideration Paid |
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4.1 |
State the value, in Canadian dollars, of any consideration paid or received per security and in total. |
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The following table sets out the average price per Security, and the total consideration paid for all Securities acquired, during each Reporting Period: |
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Reporting Period |
Average price per Security |
Total consideration for all Securities acquired |
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First Reporting Period |
CAD$7.49 |
CAD$10,656,169 |
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Second Reporting Period |
CAD$6.92 |
CAD$752,533 |
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Third Reporting Period |
CAD$5.85 |
CAD$8,926,016 |
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Fourth Reporting Period |
CAD$5.44 |
CAD$2,940,820 |
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Fifth Reporting Period |
CAD$5.71 |
CAD$3,097,610 |
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Sixth Reporting Period |
CAD$5.79 |
CAD$3,131,428 |
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4.2 |
In the case of a transaction or other occurrence that did not take place on a stock exchange or other market that represents a published market for the securities, including an issuance from treasury, disclose the nature and value, in Canadian dollars, of the consideration paid or received by the acquiror. |
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The Rights acquired in the First Reportable Transaction were issued to the Acquiror from treasury directly by the Reporting Issuer for no consideration. |
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4.3 |
If the securities were acquired or disposed of other than by purchase or sale, describe the method of acquisition or disposition. |
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Common Shares acquired in the course of the Second Reportable Transaction were purchased directly from the Reporting Issuer pursuant to the exercise of the Rights. |
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Item 5 – Purpose of the Transaction |
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The Securities are being held for investment purposes only and not for the purpose of exercising control or direction over the Reporting Issuer. The acquisitions were made in the ordinary course of the Acquiror's business or investment activities. The Acquiror has no current plan or proposal which relates to, or would result in acquiring additional ownership or control over the securities of the Reporting Issuer, other than in the ordinary course of business of the Acquiror. The Acquiror may or may not purchase or sell securities of the Reporting Issuer in the future on the open market or in private transactions, depending on market conditions and other factors material to the Acquiror's investment decision. |
SCHEDULE A
Security Designation |
Date of Transaction |
Nature of Transaction |
Number of Securities Acquired/(Disposed) |
Value of Securities Acquired/(Disposed) |
Unit/Exercise Price |
Present Balance |
Ownership Type |
Registered Holder |
Common shares |
8/14/2014 |
Public market acquisition |
8,100 |
54,346 |
6.71 |
1,422,700 |
Control or direction |
Princeton Holdings |
Common shares |
8/22/2014 |
Public market acquisition |
4,800 |
33,034 |
6.88 |
1,427,500 |
Control or direction |
Princeton Holdings |
Common shares |
8/26/2014 |
Public market acquisition |
1,300 |
9,059 |
6.97 |
1,428,800 |
Control or direction |
Pension A |
Common shares |
9/9/2014 |
Public market acquisition |
13,000 |
91,569 |
7.04 |
1,441,800 |
Control or direction |
Princeton Holdings |
Common shares |
9/12/2014 |
Public market acquisition |
2,200 |
15,824 |
7.19 |
1,444,000 |
Control or direction |
Princeton Holdings |
Common shares |
9/17/2014 |
Public market acquisition |
20,000 |
140,300 |
7.02 |
1,464,000 |
Control or direction |
Princeton Holdings |
Common shares |
9/18/2014 |
Public market acquisition |
3,800 |
26,633 |
7.01 |
1,467,800 |
Control or direction |
Princeton Holdings |
Common shares |
9/19/2014 |
Public market acquisition |
1,200 |
8,465 |
7.05 |
1,469,000 |
Control or direction |
Princeton Holdings |
Common shares |
9/22/2014 |
Public market acquisition |
8,500 |
58,942 |
6.93 |
1,477,500 |
Control or direction |
Princeton Holdings |
Common shares |
9/25/2014 |
Public market acquisition |
4,300 |
30,132 |
7.01 |
1,481,800 |
Control or direction |
Princeton Holdings |
Common shares |
9/29/2014 |
Public market acquisition |
1,000 |
6,856 |
6.86 |
1,482,800 |
Control or direction |
Pension A |
Common shares |
10/7/2014 |
Public market acquisition |
5,000 |
33,804 |
6.76 |
1,487,800 |
Control or direction |
Pension A |
Common shares |
10/10/2014 |
Public market acquisition |
2,000 |
13,883 |
6.94 |
1,489,800 |
Control or direction |
Pension A |
Common shares |
10/17/2014 |
Public market acquisition |
12,500 |
85,273 |
6.82 |
1,502,300 |
Control or direction |
Princeton Holdings |
Common shares |
10/21/2014 |
Public market acquisition |
2,000 |
13,879 |
6.94 |
1,504,300 |
Control or direction |
Pension A |
Common shares |
10/22/2014 |
Public market acquisition |
9,100 |
62,566 |
6.88 |
1,513,400 |
Control or direction |
Princeton Holdings |
Common shares |
10/24/2014 |
Public market acquisition |
11,600 |
80,199 |
6.91 |
1,525,000 |
Control or direction |
Princeton Holdings |
Common shares |
10/28/2014 |
Public market acquisition |
6,500 |
42,115 |
6.48 |
1,531,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/31/2014 |
Rights to acquire common shares* |
1,216,688 |
0 |
5.84 |
2,748,188 |
Control or direction |
Princeton Holdings |
Common shares |
10/31/2014 |
Rights to acquire common shares* |
57,851 |
0 |
5.84 |
2,806,039 |
Control or direction |
Pooled Fund A |
Common shares |
10/31/2014 |
Rights to acquire common shares* |
103,950 |
0 |
5.84 |
2,909,989 |
Control or direction |
Pension A |
Common shares |
10/31/2014 |
Public market acquisition |
5,000 |
32,004 |
6.40 |
2,914,989 |
Control or direction |
Princeton Holdings |
Common shares |
11/4/2014 |
Public market acquisition |
10,000 |
60,347 |
6.03 |
2,924,989 |
Control or direction |
Princeton Holdings |
Common shares |
11/5/2014 |
Public market acquisition |
40,000 |
236,444 |
5.91 |
2,964,989 |
Control or direction |
Princeton Holdings |
Common shares |
11/6/2014 |
Public market acquisition |
15,000 |
87,744 |
5.85 |
2,979,989 |
Control or direction |
Princeton Holdings |
Common shares |
11/7/2014 |
Public market acquisition |
10,000 |
59,484 |
5.95 |
2,989,989 |
Control or direction |
Princeton Holdings |
Common shares |
11/10/2014 |
Public market acquisition |
12,500 |
74,413 |
5.95 |
3,002,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/11/2014 |
Public market acquisition |
25,000 |
148,820 |
5.95 |
3,027,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/12/2014 |
Public market acquisition |
15,000 |
88,566 |
5.90 |
3,042,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/13/2014 |
Public market acquisition |
10,000 |
58,696 |
5.87 |
3,052,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/20/2014 |
Public market acquisition |
5,000 |
29,240 |
5.85 |
3,057,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/28/2014 |
Exercise of rights** |
1,216,688 |
7,105,341 |
5.84 |
3,057,489 |
Control or direction |
Princeton Holdings |
Common shares |
11/28/2014 |
Exercise of rights** |
57,851 |
337,850 |
5.84 |
3,057,489 |
Control or direction |
Pooled Fund A |
Common shares |
11/28/2014 |
Exercise of rights** |
103,950 |
607,068 |
5.84 |
3,057,489 |
Control or direction |
Pension A |
Common shares |
11/28/2014 |
Public market acquisition |
50,000 |
291,070 |
5.82 |
3,107,489 |
Control or direction |
Princeton Holdings |
Common shares |
12/2/2014 |
Public market acquisition |
(115,000) |
(748,738) |
6.51 |
2,992,489 |
Control or direction |
Pension A |
Common shares |
12/2/2014 |
Public market acquisition |
117,000 |
682,110 |
5.83 |
3,109,489 |
Control or direction |
Princeton Holdings |
Common shares |
12/3/2014 |
Public market acquisition |
25,300 |
147,398 |
5.83 |
3,134,789 |
Control or direction |
Princeton Holdings |
Common shares |
12/5/2014 |
Public market acquisition |
5,000 |
29,017 |
5.80 |
3,139,789 |
Control or direction |
Princeton Holdings |
Common shares |
12/8/2014 |
Public market acquisition |
92,500 |
518,111 |
5.60 |
3,232,289 |
Control or direction |
Princeton Holdings |
Common shares |
12/9/2014 |
Public market acquisition |
48,200 |
270,335 |
5.61 |
3,280,489 |
Control or direction |
Princeton Holdings |
Common shares |
12/9/2014 |
Public market acquisition |
3,149 |
17,666 |
5.61 |
3,283,638 |
Control or direction |
Pooled Fund A |
Common shares |
12/11/2014 |
Public market acquisition |
100,000 |
547,520 |
5.48 |
3,383,638 |
Control or direction |
Princeton Holdings |
Common shares |
12/11/2014 |
Public market acquisition |
37,700 |
204,952 |
5.44 |
3,421,338 |
Control or direction |
Princeton Holdings |
Common shares |
12/12/2014 |
Public market acquisition |
6,000 |
34,270 |
5.71 |
3,427,338 |
Control or direction |
Princeton Holdings |
Common shares |
12/15/2014 |
Public market acquisition |
118,500 |
658,031 |
5.55 |
3,545,838 |
Control or direction |
Princeton Holdings |
Common shares |
12/17/2014 |
Public market acquisition |
7,800 |
42,342 |
5.43 |
3,553,638 |
Control or direction |
Princeton Holdings |
Common shares |
12/18/2014 |
Public market acquisition |
6,050 |
33,244 |
5.49 |
3,559,688 |
Control or direction |
Pension A |
Common shares |
12/19/2014 |
Public market acquisition |
4,200 |
22,893 |
5.45 |
3,563,888 |
Control or direction |
Pension A |
Common shares |
12/22/2014 |
Public market acquisition |
3,800 |
21,255 |
5.59 |
3,567,688 |
Control or direction |
Pension A |
Common shares |
12/23/2014 |
Public market acquisition |
5,300 |
29,534 |
5.57 |
3,572,988 |
Control or direction |
Pension A |
Common shares |
12/30/2014 |
Public market acquisition |
25,000 |
139,810 |
5.59 |
3,597,988 |
Control or direction |
Princeton Holdings |
Common shares |
1/2/2015 |
Public market acquisition |
55,000 |
308,605 |
5.61 |
3,652,988 |
Control or direction |
Princeton Holdings |
Common shares |
1/2/2015 |
Public market acquisition |
17,100 |
95,782 |
5.60 |
3,670,088 |
Control or direction |
Pension A |
Common shares |
1/5/2015 |
Public market acquisition |
95,000 |
533,777 |
5.62 |
3,765,088 |
Control or direction |
Princeton Holdings |
Common shares |
1/5/2015 |
Public market acquisition |
4,600 |
25,737 |
5.60 |
3,769,688 |
Control or direction |
Pension A |
Common shares |
1/6/2015 |
Public market acquisition |
50,000 |
280,475 |
5.61 |
3,819,688 |
Control or direction |
Princeton Holdings |
Common shares |
1/6/2015 |
Public market acquisition |
5,000 |
27,862 |
5.57 |
3,824,688 |
Control or direction |
Pension A |
Common shares |
1/9/2015 |
Public market acquisition |
5,000 |
27,975 |
5.60 |
3,829,688 |
Control or direction |
Pooled Fund A |
Common shares |
1/13/2015 |
Public market acquisition |
2,500 |
13,982 |
5.59 |
3,832,188 |
Control or direction |
Pooled Fund A |
Common shares |
1/14/2015 |
Public market acquisition |
10,000 |
55,958 |
5.60 |
3,842,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/15/2015 |
Public market acquisition |
6,600 |
36,861 |
5.59 |
3,848,788 |
Control or direction |
Princeton Holdings |
Common shares |
1/19/2015 |
Public market acquisition |
18,400 |
101,873 |
5.54 |
3,867,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/20/2015 |
Public market acquisition |
10,000 |
55,100 |
5.51 |
3,877,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/22/2015 |
Public market acquisition |
5,000 |
27,166 |
5.43 |
3,882,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/26/2015 |
Public market acquisition |
2,500 |
13,400 |
5.36 |
3,884,688 |
Control or direction |
Pooled Fund A |
Common shares |
1/27/2015 |
Public market acquisition |
7,500 |
40,526 |
5.40 |
3,892,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/28/2015 |
Public market acquisition |
35,000 |
188,304 |
5.38 |
3,927,188 |
Control or direction |
Princeton Holdings |
Common shares |
1/28/2015 |
Public market acquisition |
7,500 |
40,350 |
5.38 |
3,934,688 |
Control or direction |
Princeton Holdings |
Common shares |
1/30/2015 |
Public market acquisition |
25,000 |
127,360 |
5.09 |
3,959,688 |
Control or direction |
Princeton Holdings |
Common shares |
2/3/2015 |
Public market acquisition |
3,500 |
17,853 |
5.10 |
3,963,188 |
Control or direction |
Pooled Fund A |
Common shares |
2/4/2015 |
Public market acquisition |
15,180 |
78,920 |
5.20 |
3,978,368 |
Control or direction |
Princeton Holdings |
Common shares |
2/4/2015 |
Public market acquisition |
1,500 |
7,545 |
5.03 |
3,979,868 |
Control or direction |
Pooled Fund A |
Common shares |
2/11/2015 |
Public market acquisition |
5,000 |
27,738 |
5.55 |
3,984,868 |
Control or direction |
Princeton Holdings |
Common shares |
2/13/2015 |
Public market acquisition |
5,000 |
30,533 |
6.11 |
3,989,868 |
Control or direction |
Princeton Holdings |
Common shares |
2/18/2015 |
Public market acquisition |
5,000 |
29,789 |
5.96 |
3,994,868 |
Control or direction |
Pension A |
Common shares |
2/18/2015 |
Public market acquisition |
7,500 |
43,937 |
5.86 |
4,002,368 |
Control or direction |
Pension A |
Common shares |
2/24/2015 |
Public market acquisition |
2,500 |
15,130 |
6.05 |
4,004,868 |
Control or direction |
Pension A |
Common shares |
2/25/2015 |
Public market acquisition |
7,500 |
45,856 |
6.11 |
4,012,368 |
Control or direction |
Pension A |
Common shares |
2/27/2015 |
Public market acquisition |
2,500 |
15,501 |
6.20 |
4,014,868 |
Control or direction |
Pension A |
Common shares |
3/13/2015 |
Public market acquisition |
2,000 |
12,132 |
6.07 |
4,016,868 |
Control or direction |
Pension A |
Common shares |
3/17/2015 |
Public market acquisition |
2,500 |
15,004 |
6.00 |
4,019,368 |
Control or direction |
Pension A |
Common shares |
3/18/2015 |
Public market acquisition |
8,000 |
48,152 |
6.02 |
4,027,368 |
Control or direction |
Pension A |
Common shares |
3/26/2015 |
Public market acquisition |
10,000 |
60,682 |
6.07 |
4,037,368 |
Control or direction |
Pension A |
Common shares |
3/31/2015 |
Public market acquisition |
10,000 |
59,627 |
5.96 |
4,047,368 |
Control or direction |
Pension A |
Common shares |
4/7/2015 |
Public market acquisition |
25,000 |
147,713 |
5.91 |
4,072,368 |
Control or direction |
Pooled Fund A |
Common shares |
4/13/2015 |
Public market acquisition |
3,500 |
20,622 |
5.89 |
4,075,868 |
Control or direction |
Pension A |
Common shares |
4/20/2015 |
Public market acquisition |
4,000 |
23,756 |
5.94 |
4,079,868 |
Control or direction |
Pension A |
Common shares |
4/28/2015 |
Public market acquisition |
2,500 |
15,327 |
6.13 |
4,082,368 |
Control or direction |
Pension A |
Common shares |
4/29/2015 |
Public market acquisition |
2,500 |
15,493 |
6.20 |
4,084,868 |
Control or direction |
Pension A |
Common shares |
6/4/2015 |
Public market acquisition |
2,500 |
16,868 |
6.75 |
4,087,368 |
Control or direction |
Pension A |
Common shares |
6/5/2015 |
Public market acquisition |
7,500 |
50,013 |
6.67 |
4,094,868 |
Control or direction |
Princeton Holdings |
Common shares |
6/5/2015 |
Public market acquisition |
2,500 |
16,596 |
6.64 |
4,097,368 |
Control or direction |
Pension A |
Common shares |
6/9/2015 |
Public market acquisition |
2,632 |
17,476 |
6.64 |
4,100,000 |
Control or direction |
Princeton Holdings |
Common shares |
6/17/2015 |
Public market acquisition |
10,000 |
66,973 |
6.70 |
4,110,000 |
Control or direction |
Princeton Holdings |
Common shares |
6/22/2015 |
Public market acquisition |
2,700 |
17,911 |
6.63 |
4,112,700 |
Control or direction |
Princeton Holdings |
Common shares |
6/29/2015 |
Public market acquisition |
1,300 |
8,731 |
6.72 |
4,114,000 |
Control or direction |
Princeton Holdings |
Common shares |
6/30/2015 |
Public market acquisition |
1,000 |
6,760 |
6.76 |
4,115,000 |
Control or direction |
Princeton Holdings |
Common shares |
7/7/2015 |
Public market acquisition |
5,000 |
33,116 |
6.62 |
4,120,000 |
Control or direction |
Princeton Holdings |
Common shares |
7/8/2015 |
Public market acquisition |
5,000 |
32,963 |
6.59 |
4,125,000 |
Control or direction |
Princeton Holdings |
Common shares |
7/10/2015 |
Public market acquisition |
5,000 |
32,986 |
6.60 |
4,130,000 |
Control or direction |
Princeton Holdings |
Common shares |
7/24/2015 |
Public market acquisition |
3,000 |
19,520 |
6.51 |
4,133,000 |
Control or direction |
Princeton Holdings |
Common shares |
7/28/2015 |
Public market acquisition |
4,500 |
29,267 |
6.50 |
4,137,500 |
Control or direction |
Princeton Holdings |
Common shares |
8/18/2015 |
Public market acquisition |
2,500 |
16,028 |
6.41 |
4,140,000 |
Control or direction |
Pension A |
Common shares |
8/21/2015 |
Public market acquisition |
2,500 |
16,088 |
6.44 |
4,142,500 |
Control or direction |
Princeton Holdings |
Common shares |
8/26/2015 |
Public market acquisition |
7,500 |
47,764 |
6.37 |
4,150,000 |
Control or direction |
Pension A |
Common shares |
8/28/2015 |
Public market acquisition |
2,500 |
16,264 |
6.51 |
4,152,500 |
Control or direction |
Pension A |
Common shares |
9/10/2015 |
Public market acquisition |
2,500 |
15,660 |
6.26 |
4,155,000 |
Control or direction |
Pension A |
Common shares |
9/16/2015 |
Public market acquisition |
5,000 |
31,876 |
6.38 |
4,160,000 |
Control or direction |
Pension A |
Common shares |
9/17/2015 |
Public market acquisition |
2,500 |
16,197 |
6.48 |
4,162,500 |
Control or direction |
Pension A |
Common shares |
9/18/2015 |
Public market acquisition |
2,500 |
16,097 |
6.44 |
4,165,000 |
Control or direction |
Pension A |
Common shares |
9/21/2015 |
Public market acquisition |
1,000 |
6,485 |
6.49 |
4,166,000 |
Control or direction |
Pension A |
Common shares |
9/23/2015 |
Public market acquisition |
1,000 |
6,443 |
6.44 |
4,167,000 |
Control or direction |
Pension A |
Common shares |
9/24/2015 |
Public market acquisition |
1,000 |
6,432 |
6.43 |
4,168,000 |
Control or direction |
Pension A |
Common shares |
9/25/2015 |
Public market acquisition |
1,000 |
6,389 |
6.39 |
4,169,000 |
Control or direction |
Pension A |
Common shares |
9/30/2015 |
Public market acquisition |
1,000 |
6,330 |
6.33 |
4,170,000 |
Control or direction |
Pension A |
Common shares |
10/5/2015 |
Public market acquisition |
5,000 |
31,317 |
6.26 |
4,175,000 |
Control or direction |
Princeton Holdings |
Common shares |
10/6/2015 |
Public market acquisition |
7,500 |
46,403 |
6.19 |
4,182,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/13/2015 |
Public market acquisition |
2,500 |
15,406 |
6.16 |
4,185,000 |
Control or direction |
Princeton Holdings |
Common shares |
10/16/2015 |
Public market acquisition |
12,500 |
76,987 |
6.16 |
4,197,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/20/2015 |
Public market acquisition |
30,000 |
182,922 |
6.10 |
4,227,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/21/2015 |
Public market acquisition |
7,500 |
45,217 |
6.03 |
4,235,000 |
Control or direction |
Princeton Holdings |
Common shares |
10/22/2015 |
Public market acquisition |
7,500 |
45,268 |
6.04 |
4,242,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/26/2015 |
Public market acquisition |
15,000 |
90,344 |
6.02 |
4,257,500 |
Control or direction |
Princeton Holdings |
Common shares |
10/29/2015 |
Public market acquisition |
2,500 |
15,286 |
6.11 |
4,260,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/2/2015 |
Public market acquisition |
2,500 |
15,235 |
6.09 |
4,262,500 |
Control or direction |
Princeton Holdings |
Common shares |
11/9/2015 |
Public market acquisition |
2,500 |
15,449 |
6.18 |
4,265,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/10/2015 |
Public market acquisition |
1,000 |
6,260 |
6.26 |
4,266,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/11/2015 |
Public market acquisition |
2,500 |
15,485 |
6.19 |
4,268,500 |
Control or direction |
Princeton Holdings |
Common shares |
11/12/2015 |
Public market acquisition |
2,500 |
15,606 |
6.24 |
4,271,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/17/2015 |
Public market acquisition |
2,500 |
15,527 |
6.21 |
4,273,500 |
Control or direction |
Princeton Holdings |
Common shares |
11/23/2015 |
Public market acquisition |
1,000 |
6,245 |
6.25 |
4,274,500 |
Control or direction |
Pension A |
Common shares |
11/24/2015 |
Public market acquisition |
12,500 |
76,704 |
6.14 |
4,287,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/25/2015 |
Public market acquisition |
11,000 |
68,030 |
6.18 |
4,298,000 |
Control or direction |
Princeton Holdings |
Common shares |
11/27/2015 |
Public market acquisition |
2,500 |
15,466 |
6.19 |
4,300,500 |
Control or direction |
Princeton Holdings |
Common shares |
11/30/2015 |
Public market acquisition |
7,500 |
46,190 |
6.16 |
4,308,000 |
Control or direction |
Princeton Holdings |
Common shares |
12/1/2015 |
Public market acquisition |
2,500 |
15,576 |
6.23 |
4,310,500 |
Control or direction |
Pension A |
Common shares |
12/2/2015 |
Public market acquisition |
2,500 |
15,636 |
6.25 |
4,313,000 |
Control or direction |
Pension A |
Common shares |
12/3/2015 |
Public market acquisition |
5,000 |
31,208 |
6.24 |
4,318,000 |
Control or direction |
Princeton Holdings |
Common shares |
12/7/2015 |
Public market acquisition |
2,500 |
15,518 |
6.21 |
4,320,500 |
Control or direction |
Pension A |
Common shares |
12/9/2015 |
Public market acquisition |
9,400 |
57,622 |
6.13 |
4,329,900 |
Control or direction |
Pooled Fund A |
Common shares |
12/9/2015 |
Public market acquisition |
1,500 |
9,315 |
6.21 |
4,331,400 |
Control or direction |
Pension A |
Common shares |
12/14/2015 |
Public market acquisition |
8,000 |
48,675 |
6.08 |
4,339,400 |
Control or direction |
Princeton Holdings |
Common shares |
12/15/2015 |
Public market acquisition |
13,300 |
80,408 |
6.05 |
4,352,700 |
Control or direction |
Princeton Holdings |
Common shares |
12/17/2015 |
Public market acquisition |
8,000 |
49,328 |
6.17 |
4,360,700 |
Control or direction |
Princeton Holdings |
Common shares |
12/18/2015 |
Public market acquisition |
4,500 |
27,440 |
6.10 |
4,365,200 |
Control or direction |
Princeton Holdings |
Common shares |
12/21/2015 |
Public market acquisition |
4,700 |
28,519 |
6.07 |
4,369,900 |
Control or direction |
Princeton Holdings |
Common shares |
12/22/2015 |
Public market acquisition |
5,500 |
33,552 |
6.10 |
4,375,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/6/2016 |
Public market acquisition |
2,500 |
15,366 |
6.15 |
4,377,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/7/2016 |
Public market acquisition |
40,000 |
239,888 |
6.00 |
4,417,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/8/2016 |
Public market acquisition |
7,500 |
44,107 |
5.88 |
4,425,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/11/2016 |
Public market acquisition |
2,500 |
14,631 |
5.85 |
4,427,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/13/2016 |
Public market acquisition |
12,500 |
69,606 |
5.57 |
4,440,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/14/2016 |
Public market acquisition |
1,500 |
8,366 |
5.58 |
4,441,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/18/2016 |
Public market acquisition |
1,500 |
8,358 |
5.57 |
4,443,400 |
Control or direction |
Pension A |
Common shares |
1/19/2016 |
Public market acquisition |
8,500 |
46,639 |
5.49 |
4,451,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/19/2016 |
Public market acquisition |
5,000 |
27,854 |
5.57 |
4,456,900 |
Control or direction |
Pension A |
Common shares |
1/20/2016 |
Public market acquisition |
2,500 |
14,039 |
5.62 |
4,459,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/21/2016 |
Public market acquisition |
2,500 |
13,838 |
5.54 |
4,461,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/22/2016 |
Public market acquisition |
7,500 |
41,823 |
5.58 |
4,469,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/25/2016 |
Public market acquisition |
12,500 |
69,123 |
5.53 |
4,481,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/26/2016 |
Public market acquisition |
1,000 |
5,599 |
5.60 |
4,482,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/27/2016 |
Public market acquisition |
27,500 |
152,394 |
5.54 |
4,510,400 |
Control or direction |
Princeton Holdings |
Common shares |
1/28/2016 |
Public market acquisition |
2,500 |
14,071 |
5.63 |
4,512,900 |
Control or direction |
Princeton Holdings |
Common shares |
1/29/2016 |
Public market acquisition |
5,000 |
28,952 |
5.79 |
4,517,900 |
Control or direction |
Princeton Holdings |
Common shares |
2/2/2016 |
Public market acquisition |
23,900 |
134,292 |
5.62 |
4,541,800 |
Control or direction |
Princeton Holdings |
Common shares |
2/2/2016 |
Public market acquisition |
1,000 |
5,659 |
5.66 |
4,542,800 |
Control or direction |
Pension A |
Common shares |
2/4/2016 |
Public market acquisition |
32,600 |
180,561 |
5.54 |
4,575,400 |
Control or direction |
Princeton Holdings |
Common shares |
2/17/2016 |
Public market acquisition |
25,000 |
132,731 |
5.31 |
4,600,400 |
Control or direction |
Princeton Holdings |
Common shares |
2/18/2016 |
Public market acquisition |
22,500 |
119,521 |
5.31 |
4,622,900 |
Control or direction |
Princeton Holdings |
Common shares |
2/19/2016 |
Public market acquisition |
2,500 |
13,150 |
5.26 |
4,625,400 |
Control or direction |
Princeton Holdings |
Common shares |
2/23/2016 |
Public market acquisition |
6,000 |
31,410 |
5.24 |
4,631,400 |
Control or direction |
Pension A |
Common shares |
2/29/2016 |
Public market acquisition |
10,000 |
50,403 |
5.04 |
4,641,400 |
Control or direction |
Princeton Holdings |
Common shares |
3/1/2016 |
Public market acquisition |
7,500 |
38,315 |
5.11 |
4,648,900 |
Control or direction |
Princeton Holdings |
Common shares |
3/9/2016 |
Public market acquisition |
8,500 |
43,021 |
5.06 |
4,657,400 |
Control or direction |
Pension A |
Common shares |
3/10/2016 |
Public market acquisition |
5,000 |
25,427 |
5.09 |
4,662,400 |
Control or direction |
Pension A |
Common shares |
3/11/2016 |
Public market acquisition |
5,600 |
28,610 |
5.11 |
4,668,000 |
Control or direction |
Pooled Fund A |
Common shares |
3/11/2016 |
Public market acquisition |
2,500 |
12,702 |
5.08 |
4,670,500 |
Control or direction |
Pension A |
Common shares |
3/14/2016 |
Public market acquisition |
10,000 |
50,804 |
5.08 |
4,680,500 |
Control or direction |
Princeton Holdings |
Common shares |
3/15/2016 |
Public market acquisition |
10,000 |
50,768 |
5.08 |
4,690,500 |
Control or direction |
Princeton Holdings |
Common shares |
3/17/2016 |
Public market acquisition |
6,100 |
30,592 |
5.02 |
4,696,600 |
Control or direction |
Pooled Fund A |
Common shares |
3/23/2016 |
Public market acquisition |
13,900 |
69,304 |
4.99 |
4,710,500 |
Control or direction |
Pooled Fund A |
Common shares |
3/31/2016 |
Public market acquisition |
5,000 |
25,056 |
5.01 |
4,715,500 |
Control or direction |
Pension A |
Common shares |
4/4/2016 |
Public market acquisition |
25,000 |
125,173 |
5.01 |
4,740,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/6/2016 |
Public market acquisition |
75,000 |
375,750 |
5.01 |
4,815,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/8/2016 |
Public market acquisition |
50,000 |
250,005 |
5.00 |
4,865,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/11/2016 |
Public market acquisition |
10,000 |
50,100 |
5.01 |
4,875,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/11/2016 |
Public market acquisition |
7,500 |
37,580 |
5.01 |
4,883,000 |
Control or direction |
Pooled Fund A |
Common shares |
4/12/2016 |
Public market acquisition |
50,000 |
249,630 |
4.99 |
4,933,000 |
Control or direction |
Princeton Holdings |
Common shares |
4/13/2016 |
Public market acquisition |
7,500 |
38,013 |
5.07 |
4,940,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/15/2016 |
Public market acquisition |
7,500 |
37,326 |
4.98 |
4,948,000 |
Control or direction |
Princeton Holdings |
Common shares |
4/19/2016 |
Public market acquisition |
4,000 |
20,031 |
5.01 |
4,952,000 |
Control or direction |
Princeton Holdings |
Common shares |
4/19/2016 |
Public market acquisition |
3,000 |
15,013 |
5.00 |
4,955,000 |
Control or direction |
Pension A |
Common shares |
4/22/2016 |
Public market acquisition |
3,500 |
17,535 |
5.01 |
4,958,500 |
Control or direction |
Princeton Holdings |
Common shares |
4/22/2016 |
Public market acquisition |
5,000 |
24,890 |
4.98 |
4,963,500 |
Control or direction |
Pension A |
Common shares |
5/2/2016 |
Public market acquisition |
5,000 |
24,840 |
4.97 |
4,968,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/4/2016 |
Public market acquisition |
7,500 |
37,496 |
5.00 |
4,976,000 |
Control or direction |
Princeton Holdings |
Common shares |
5/5/2016 |
Public market acquisition |
7,500 |
37,253 |
4.97 |
4,983,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/12/2016 |
Public market acquisition |
12,300 |
63,418 |
5.16 |
4,995,800 |
Control or direction |
Princeton Holdings |
Common shares |
5/12/2016 |
Public market acquisition |
1,500 |
7,763 |
5.18 |
4,997,300 |
Control or direction |
Pooled Fund A |
Common shares |
5/13/2016 |
Public market acquisition |
2,700 |
14,007 |
5.19 |
5,000,000 |
Control or direction |
Princeton Holdings |
Common shares |
5/16/2016 |
Public market acquisition |
1,000 |
5,203 |
5.20 |
5,001,000 |
Control or direction |
Princeton Holdings |
Common shares |
5/17/2016 |
Public market acquisition |
2,500 |
13,006 |
5.20 |
5,003,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/18/2016 |
Public market acquisition |
1,500 |
7,803 |
5.20 |
5,005,000 |
Control or direction |
Princeton Holdings |
Common shares |
5/19/2016 |
Public market acquisition |
1,000 |
5,210 |
5.21 |
5,006,000 |
Control or direction |
Princeton Holdings |
Common shares |
5/20/2016 |
Public market acquisition |
7,500 |
38,959 |
5.19 |
5,013,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/24/2016 |
Public market acquisition |
5,000 |
25,746 |
5.15 |
5,018,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/25/2016 |
Public market acquisition |
1,000 |
5,195 |
5.20 |
5,019,500 |
Control or direction |
Princeton Holdings |
Common shares |
5/31/2016 |
Public market acquisition |
5,500 |
28,105 |
5.11 |
5,025,000 |
Control or direction |
Princeton Holdings |
Common shares |
6/1/2016 |
Public market acquisition |
5,000 |
25,707 |
5.14 |
5,030,000 |
Control or direction |
Pension A |
Common shares |
6/7/2016 |
Public market acquisition |
3,500 |
17,665 |
5.05 |
5,033,500 |
Control or direction |
Pension A |
Common shares |
6/8/2016 |
Public market acquisition |
1,500 |
7,964 |
5.31 |
5,035,000 |
Control or direction |
Pension A |
Common shares |
6/9/2016 |
Public market acquisition |
2,400 |
12,977 |
5.41 |
5,037,400 |
Control or direction |
Pension A |
Common shares |
6/16/2016 |
Public market acquisition |
1,100 |
6,071 |
5.52 |
5,038,500 |
Control or direction |
Princeton Holdings |
Common shares |
6/16/2016 |
Public market acquisition |
600 |
3,306 |
5.51 |
5,039,100 |
Control or direction |
Pension A |
Common shares |
6/17/2016 |
Public market acquisition |
1,000 |
5,520 |
5.52 |
5,040,100 |
Control or direction |
Princeton Holdings |
Common shares |
6/21/2016 |
Public market acquisition |
45,000 |
240,548 |
5.35 |
5,085,100 |
Control or direction |
Princeton Holdings |
Common shares |
6/22/2016 |
Public market acquisition |
10,000 |
53,990 |
5.40 |
5,095,100 |
Control or direction |
Princeton Holdings |
Common shares |
6/23/2016 |
Public market acquisition |
2,500 |
13,480 |
5.39 |
5,097,600 |
Control or direction |
Princeton Holdings |
Common shares |
6/24/2016 |
Public market acquisition |
5,000 |
26,730 |
5.35 |
5,102,600 |
Control or direction |
Princeton Holdings |
Common shares |
6/28/2016 |
Public market acquisition |
1,300 |
6,956 |
5.35 |
5,103,900 |
Control or direction |
Princeton Holdings |
Common shares |
6/29/2016 |
Public market acquisition |
3,500 |
18,627 |
5.32 |
5,107,400 |
Control or direction |
Princeton Holdings |
___________________________
* The reporting issuer made a distribution of rights to all securityholders, which entitled holders to purchase one common share for every 1.1063 rights held. The Acquiror received a total of 1,525,000 rights, equating to 1,378,489 common shares.
** The Acquiror exercised all rights and received a total of 1,378,489 shares at a price of $5.84 per share.
SOURCE Cowan Asset Management Inc.
COWAN ASSET MANAGEMENT LTD., Tel: 1-844-334-3323, [email protected]
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