LARKSPUR, CA, July 16, 2012 /CNW/ - Kevin Douglas of 125 E. Sir Francis
Drake Blvd., Suite 400, Larkspur, California, 94939, has announced
today that he acquired, through and on behalf of K&M Douglas Trust,
Douglas Family Trust, James E. Douglas III, and Douglas Irrevocable
Descendants Trust, 1,353,800 common shares of Westport Innovations Inc.
("Westport"), bringing the total holdings in Westport to 9,829,867
common shares or approximately 17.89% of the total common shares
outstanding. The shares were purchased on the NASDAQ at the price of
USD $39.95 per share, being Cdn. $40.74 per share (based on the close
of business exchange rate of 1.0198 per Bloomberg for July 11, 2012).
The shares were acquired in the ordinary course of the entities'
investment activities. Kevin Douglas, through and on behalf of the
four entities, may purchase or sell securities of Westport in the
future on the open market or in private transactions, depending on
market conditions and other factors material to their investment
For further information:
Tim McGaw at (415) 526-2202 or email@example.com