Public market insider selling at ZCL Composites (ZCL)

Public market insider selling at ZCL Composites (T:ZCL)

Darcy Morris, a Subsidiary Executive, disposed of 223,500 Common Shares on a control or direction basis for registered holder Ewing Morris & Co. Investment Partners Ltd at a price of $14.200 on April 4th, 2017. This represents a $3,173,767 divestment of the company's shares and an account share holdings change of -17.7%.

ZCL Composites is in the Non-Paper Containers & Packaging Sub Industry Group under the Basic Materials Sector.

ZCL Composites Inc. (ZCL) is a Canada-based manufacturer and supplier of fiberglass reinforced plastic (FRP) underground storage tanks. The Company also provides custom-engineered aboveground FRP and dual-laminate composite storage tanks, piping and lining systems, and related products and accessories, where corrosion resistance is a high priority. Its segments are Underground Fluid Containment (Underground) and Aboveground Fluid Containment (Aboveground). The Company has three product groups: Petroleum Products, Water Products and Corrosion Products. The Petroleum and Water Products groups are components of the Underground segment, use a similar production process, and use the brand identities of ZCL, Xerxes, and Parabeam. The Corrosion Products are included in the Aboveground segment, and use the brand identities of ZCL Corrosion, ZCL Dualam and ZCL Troy. ZCL has over five plants in Canada, over six in the United States and one in the Netherlands.