Option-related selling at Toromont Industries (TIH)

Option-related selling at Toromont Industries (T:TIH)

The following insiders exercised Options and sold Common Shares:

Robert M. Ogilvie, a Senior Officer and Director, disposed of 35,300 Common Shares on a direct ownership basis at prices ranging from $57.610 to $58.200 between May 16th and 17th, 2018. This represents a $2,050,289 divestment of the company's shares and an account share holdings change of -15.9%.

Mike Cuddy, a Subsidiary Executive, disposed of 6,000 Common Shares on a direct ownership basis at prices ranging from $57.420 to $57.630 on May 16th, 2018. This represents a $345,410 divestment of the company's shares and an account share holdings change of -4.9%.

Paul Randolph Jewer, CFO, disposed of 5,000 Common Shares on a direct ownership basis at a price of $58.000 on May 17th, 2018. This represents a $290,000 divestment of the company's shares and an account share holdings change of -51.2%.

Toromont Industries is in the Business Support Services Sub Industry Group under the Industrials Sector.

Toromont Industries Ltd is a Canada-based company, which operates through two segments: Equipment Group and CIMCO. The Company's Equipment Group is involved in supply of specialized mobile equipment and industrial engines. It consists of businesses, including Toromont CAT, Battlefield-The CAT Rental Store, Sitech Mid-Canada Ltd., Toromont Energy Ltd. and AgWest Ltd. Its customer base includes infrastructure contractors, residential and commercial contractors, mining companies, forestry companies, pulp and paper producers, general contractors, utilities, municipalities, marine companies, waste handling companies and agricultural enterprises. CIMCO is involved in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems with operations in Canada and the United States. Its customer base consists of companies engaged in all aspects of food and beverage industry, food and beverage processors, and recreational facilities.