Off-market insider selling at StorageVault Canada (SVI)

Off-market insider selling at StorageVault Canada (T:SVI)

Jay Lynne Fleming, a Director, disposed of 1,500,000 Common Shares on a control or direction basis for registered holder CVL Investments Ltd. at a price of $3.200 through a private transaction on July 2nd, 2020. This represents a $4,800,000 divestment of the company's shares and an account share holdings change of -30.0%.

StorageVault Canada is in the Real Estate Development & Operations Sub Industry Group under the Financials Sector.

Storagevault Canada Inc is a Canada-based company engaged in self storage sector. The Company is focused on owning, operating and renting self storage and portable storage space to individual and commercial customers. It owns around 90 stores and more then 3,900 portable storage units across Canada. The stores operate under the Access Storage, Depotium Mini-Entrepots, Sentinel Storage and Storage For Your Life brands. Its portable storage business operates under the Cubeit and PUPS brands. In addition to the stores owned, the Company manages an approximately 58 stores that are owned by third parties and operated by the Company in exchange for a management fee.