Maxar Technologies Announces Recent Insider Purchases
WESTMINSTER, CO, Nov. 12, 2018 /PRNewswire/ - Maxar Technologies (NYSE:MAXR) (TSX:MAXR) ("Maxar" or the "Company"), a global technology innovator powering the new space economy, announced that its Officers and Directors purchased an aggregate of 155,272 common shares of Maxar stock between August 3, 2018, and November 9, 2018, on the TSX and NYSE. Filings were made on the System for Electronic Disclosure by Insiders (SEDI) and are summarized below. The purchases were made for investment purposes.
Insider |
Position |
Date of Purchase(s) |
Shares Purchased |
Howard L. Lance |
President, Chief Executive Officer and Director |
Aug 2018; Nov 2018 |
81,325 |
Biggs Porter |
EVP and Chief Financial Officer |
Nov 2018 |
15,000 |
Robert L. Phillips |
Director |
Nov 2018 |
2,000 |
Howell Estes |
Director |
Aug 2018; Nov 2018 |
3,850 |
Roger Mason |
Director |
Nov 2018 |
1,000 |
Nick Cyprus |
Director |
Nov 2018 |
1,500 |
Bob Kehler |
Director |
Nov 2018 |
1,100 |
Lori Garver |
Director |
Nov 2018 |
2,000 |
Brian Kenning |
Director |
Nov 2018 |
2,000 |
Dennis Chookaszian |
Director |
Nov 2018 |
20,000 |
Joanne Isham |
Director |
Nov 2018 |
1,000 |
Michelle Kley |
SVP and General Counsel |
Nov 2018 |
1,800 |
Walter Scott |
EVP and Chief Technology Officer |
Aug 2018; Nov 2018 |
10,980 |
Bruce Stephenson |
SVP and Chief Strategy Officer |
Aug 2018 |
5,000 |
Dario Zamarian |
President, SSL |
Nov 2018 |
5,717 |
Tony Frazier |
President, Radiant Solutions |
Nov 2018 |
1,000 |
Other members of senior management who are not SEDI filers also purchased an aggregate of 30,200 shares during the same time period.
About Maxar Technologies
As a global leader of advanced space technology solutions, Maxar Technologies (formerly MacDonald, Dettwiler and Associates) is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. As a trusted partner, Maxar Technologies provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. With more than 6,500 employees in over 30 global locations, the Maxar Technologies portfolio of commercial space brands includes MDA, SSL, DigitalGlobe and Radiant Solutions. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the Toronto Stock Exchange and New York Stock Exchange as MAXR. For more information, visit www.maxar.com.
Forward-Looking Statements
"Certain statements and other information included in this release constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements") under applicable securities laws. Statements including words such as "may", "will", "could", "should", "would", "plan", "potential", "intend", "anticipate", "believe", "estimate" or "expect" and other words, terms and phrases of similar meaning are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve estimates, expectations, projections, goals, forecasts, assumptions, risks and uncertainties, as well as other statements referring to or including forward-looking information included in this release.
Forward-looking statements are subject to various risks and uncertainties which could cause actual results to differ materially from the anticipated results or expectations expressed in this release. As a result, although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The risks that could cause actual results to differ materially from current expectations include, but are not limited to, the risk factors and other disclosures about the Company and its business included in the Company's continuous disclosure materials filed from time to time with Canadian and U.S. securities regulatory authorities, which are available online under the Company's SEDAR profile at www.sedar.com, under the Company's EDGAR profile at www.sec.gov or on the Company's website at www.maxar.com.
The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements. All such forward-looking statements are based upon data available as of the date of this presentation or other specified date and speak only as of such date. The Company disclaims any intention or obligation to update or revise any forward-looking statements in this release as a result of new information or future events, except as may be required under applicable securities legislation."
Investor Relations Contact:
Jason Gursky
Maxar VP Investor Relations
1-303-684-2207
[email protected]
Media Contact:
Turner Brinton
Maxar Media Relations
1-303-684-4545
[email protected]
SOURCE Maxar Technologies Ltd.
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