George Haywood

July 17, 2013 08:00 ET

Acquisition of Securities of Neptune Technologies & Bioressources Inc.

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwired - July 17, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

George Haywood ("Haywood") announces that he has acquired beneficial ownership of 145,549 common shares (the "Acquired Shares") of Neptune Technologies & Bioressources Inc. ("Neptune") through the facilities of the NASDAQ Stock Exchange (the "Acquisition").

Immediately prior to the Acquisition, Haywood beneficially owned and/or exercised control or direction over 6,007,451 common shares of Neptune, representing approximately 9.99% of the issued and outstanding common shares of Neptune. Following the completion of the Acquisition, Haywood beneficially owned and/or exercised control or direction over 6,153,000 common shares of Neptune, representing approximately 10.24% of the issued and outstanding common shares of Neptune. The Acquired Shares were purchased through the facilities of the NASDAQ Stock Exchange at a price of US$3.70 per share, being CDN$3.84 per share (based on the noon rate of exchange of the Bank of Canada on July 16, 2013).

The Acquired Shares were acquired for investment purposes. Haywood's interest in Neptune may be increased or decreased in the future in light of investment criteria, market conditions and other factors in accordance with the provisions of applicable securities legislation.

An early warning report (the "EWR") will be filed on SEDAR and will be available for review at http://www.sedar.com/ under Neptune's profile.

To obtain a copy of the EWR, please contact:

George Haywood
c/o Moomjian, Waite & Coleman, LLP
100 Jericho Quadrangle, Suite 208
Jericho, New York 11753

Contact Information

  • George Haywood
    516-937-5900