Insider share percentage is big so it's not so liquid as..Just a reminder to those who may not be aware, this stock is not quite as liquid as it might seem at first glance because 40 percent of the company is controlled by insiders, this consists of members of the board, the executive officers and finally, with the largest percentage, and the reason they are still in business, the investment house Doughty Hanson (first purchased by their technology ventures division, which is no longer active, but they continue to invest in the ones they still hold- at least they continue to invest in Eguana-, I was surprised to see them all bundled together in that slide presentation posted the other day, but I guess thats because they have a seat on the board, the slide indicated insider percentage as 40%.. Michael Carten used to be the largest individual shareholder, but I'm not sure if he still is- founder of the company and former ceo and now on the board of directors:
The info below is from the
Annual information Form, instructions to find it are below the quotation.
pg. 23 as numbered in the Form report or page 27?? (To find in the document search DHCT, the acronym for Doughty Hanson)
As of the date hereof, the directors and executive officers of the Corporation own as a group, directly or indirectly, or exercise control or direction over a total of 7,460,630 Common Shares representing 4.44% of the outstanding Common Shares. Mr. Powlick is the designated appointee of DHCT which holds an aggregate of 56,768,920 Common Shares
(so by my by my reckoning Doughty Hansen owns @ 33.8%, June 10 2016. (I think they also own the last outstanding First Preferred Share, Series 8, but I might be wrong on the preferred shares, the other numbers are directly out of the Information form, I took/pasted some notes a few days ago and don't have the document open right now.) Path to find the full report:
Shareholders
information from Sedar.com
https://sedar.com
Path to find the report:
Company Search: Eguana technologies
Industry Group: All
Document Selection: Annual Information Form
Annual information form - English