MDU Resources Group, Inc. (NYSE:MDU) today announced that outside
Director Thomas Everist intends to file a Form 144 on May 7 with the
Securities and Exchange Commission, indicating his intent to sell within
the next three months up to 700,000 shares of MDU Resources stock held
by The Everist Company.
Everist beneficially owns approximately 1.89 million shares of MDU
Resources common stock, or 1 percent of outstanding shares. The majority
of the shares were acquired in the sale of his construction materials
company, Connolly-Pacific Co., to MDU Resources in 2000.
“MDU Resources is a great company, and I am proud to be a significant
shareholder and a member of the Board of Directors,” said Everist. “I
have held these shares for 13 years and am selling a portion of the
stock to diversify my portfolio.”
MDU Resources Group, Inc., a member of the S&P MidCap 400 index,
provides value-added natural resource products and related services that
are essential to energy and transportation infrastructure, including
regulated utilities and pipelines, exploration and production, and
construction materials and services. For more information about MDU
Resources, see the company's website at www.mdu.com
or contact the Investor Relations Department at investor@mduresources.com.
