Option-related selling at Power Financial (PWF)

Option-related selling at Power Financial (T:PWF)

Robert Jeffrey Orr, CEO, Director, 10% Holder and Subsidiary Executive, exercised Options and disposed of 200,000 Common Shares on a direct ownership basis at a price of $36.019 on November 21st, 2017. This represents a $7,203,860 divestment of the company's shares and an account share holdings change of -33.3%.

Power Financial is in the Multiline Insurance & Brokers Sub Industry Group under the Financials Sector.

Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment management services, and is engaged in the asset management and reinsurance business primarily in Canada, the United States and Europe. IGM is a financial services company operating in Canada primarily within the advice segment of the financial services market. Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; oil, gas and alternative energies, and electricity, natural gas, and energy and environmental services.