Certain Algonquin Power & Utilities Corp. Senior Executives Establish Automatic Securities Disposition Plans
Algonquin Power & Utilities Corp. Common Shares (AQN)
Last algonquin power & utilities corp. common shares earnings: 2/27 07:54 pm
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algonquinpower.com
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Source: PR Newswire
OAKVILLE, ON, March 9, 2020 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC" or the "Company") (TSX/NYSE: AQN) today announced that, in connection with the Company's previously announced executive succession plans, Ian Robertson (Chief Executive Officer) and David Bronicheski (Chief Financial Officer) each intend to establish an automatic securities disposition plan (an "ASDP") to allow for an orderly disposition of a portion of their respective shareholdings in APUC over a period of approximately three months, beginning after an initial 30-day waiting period.Christopher Jarratt (Vice Chair) and Jeffery Norman (Chief Development Officer), each of whom is a continuing executive of APUC, also intend to establish ASDPs to allow for an orderly disposition of a portion of their respective shareholdings in APUC over a period of at least three months, beginning after an initial 30-day waiting period. It is expected that the ASDPs will be designed to comply with Rule 10b5-1 under Sec
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