TORONTO, July 3, 2013 /CNW/ - Element Financial Corporation (TSX: EFN)
("Element" or the "Company"), one of North America's leading
independent equipment finance companies, today announced that members
of the Company's senior management team purchased approximately $19
million worth of Element's common shares in the open market on Friday,
June 28, 2013.
"This investment by Element's senior management team is a testament to
our confidence in the long term value of this company and in the market
opportunities that we see emerging in the segments of the equipment
finance industry where we have positioned Element for growth," noted
Steven K. Hudson, Element's Chairman and CEO.
About Element Financial Corporation
With total assets of approximately C$2.4 billion, Element Financial
Corporation is one of North America's leading independent equipment
finance companies. Element operates across North America in three
verticals of the equipment finance market - Element Capital provides
large ticket equipment leasing, Element Finance serves the mid-ticket
equipment finance market and Element Fleet provides vehicle fleet
leasing and management solutions.
SOURCE: Element Financial Corporation
John Sadler
Senior Vice President
Corporate Affairs & Investor Relations
(416) 386-1067 ext. 2313
jsadler@elementfinancial.ca
Michel Béland
Chief Financial Officer
(416) 386-1067 ext. 2225
mbeland@elementfinancial.ca
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