Sale from ControlPLAINTREE SYSTEMS INC. ("LAN-T") - Sale From Control
Targa Group Inc. ("Targa") has filed a Notice of Intention to sell up to a total of 11,988,665 Common Shares of Plaintree Systems Inc. ("Plaintree") through the facilities of the Toronto Stock Exchange on or after October 29, 2001.
Targa owns an aggregate of 35,965,995 common shares of Plaintree, representing approximately 41.79% of the outstanding common shares of Plaintree. To the best of the knowledge of Targa, no other person or company owns or controls greater than 10% of the outstanding common shares of Plaintree.
All the above sales will be made in accordance with the orderly marketing requirements as set out in Policy 4-305 of the Toronto Stock Exchange. Questions may be directed to Olga Huntly at the TSE, 416-947-4518.