Two insiders buying at ShawCor (SCL)

Two insiders buying at ShawCor (T:SCL)

Paul Anthony Pierroz, a Senior Officer, acquired 7,100 Common Shares on a direct ownership basis at a price of $17.380 between May 30th and 31st, 2019. This represents a $123,398 investment into the company's shares and an account share holdings change of greater than 100%.

Pamela Sue Pierce, a Director, acquired 3,000 Common Shares on a direct ownership basis at a price of US$12.99 on May 31st, 2019. This represents a $52,715 investment into the company's shares and an account share holdings change of 33.3%.

ShawCor is in the Oil Related Services and Equipment Sub Industry Group under the Energy Sector.

Shawcor Ltd is a Canada-based energy services company. The Company is engaged in designing, engineering, marketing and selling products and services, such as pipe coating services; flexible composite pipe; onshore and offshore pipeline corrosion and thermal protection; ultrasonic and radiographic inspection services; tubular management services; heat-shrinkable polymer tubing, and control and instrumentation wire and cable. The Company operates through the following segments: Pipeline and Pipe Services, and Petrochemical and Industrial. The Pipeline and Pipe Services segment includes the Bredero Shaw, Canusa-CPS, Shaw Pipeline Services, Flexpipe Systems, Guardian, Desert NDT and Lake Superior Consulting divisions. The Petrochemical and Industrial segment consists of the Connection Systems division. The Company is an applicator of pipeline coatings for the oil and gas industry for both onshore and offshore pipelines.