Insider selling at Aritzia (ATZ)

Insider selling at Aritzia (T:ATZ)

CanLux AB Investments One S.? r.l., a 10% Holder, disposed of 4,997,595 Multiple Voting Shares on a direct ownership basis at a price of $16.900 through a prospectus or prospectus exempt offering on March 8th, 2019.

Aldo Bensadoun, a Director, disposed of 500,000 Subordinate Voting Shares on a control or direction basis for registered holder The Bensadoun Family Foundation at a price of $16.900 through a prospectus or prospectus exempt offering on March 8th, 2019. This represents a $8,450,000 divestment of the company's shares and an account share holdings change of -100.0%.

Aritzia is in the Apparel & Accessories Retailers Sub Industry Group under the Consumer Cyclicals Sector.

Aritzia Inc is a Canada-based design house and fashion retailer of exclusive brands. The Company conceives, creates, develops and sells a mix of women's fashion products directly to its customers. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. It offers various categories of women clothing, including sweaters, pants, t-shirts, dresses, blouses, jackets, coats, skirts and intimates. It also offers a range of accessories, including scarves, bags, gloves, shoes, sunglasses, hats and others. The Company's range of women's fashion apparel and accessories addresses various style preferences and lifestyle requirements for women aged 15 to 45. The Company serves its customers across over 75 retail stores and through its e-commerce business, aritzia.com. The Company offers its products under various brands, including Wilfred, Babaton, Tna, Talula, Community, Mackage, Auxiliary, Rag & Bone, Adidas, Herschel and Garrett Leight. Aritzia Inc. (ATZ) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, two insiders have divested a net amount of $92,909,356.