Frank Hasenfratz

July 02, 2008 17:19 ET

Frank Hasenfratz Purchases Shares of Linamar Corporation

GUELPH, ONTARIO--(Marketwire - July 2, 2008) - Frank Hasenfratz, Chairman of Linamar Corporation ("Linamar") (TSX:LNR), announced today that he has purchased 16,400 common shares of Linamar through the facilities of the Toronto Stock Exchange. The 16,400 common shares purchased by Mr. Hasenfratz represent approximately 0.02% of the issued and outstanding common shares of Linamar.

Prior to the transaction, Mr. Hasenfratz owned or exercised control or direction over 14,856,300 common shares, or approximately 22.10% of the issued and outstanding common shares of Linamar. As a result of the transaction, Mr. Hasenfratz owns or exercises control or direction over 14,872,700 common shares, or approximately 22.13% of the issued and outstanding common shares of Linamar.

Mr. Hasenfratz owns and controls his shares of Linamar, personally and through 975904 Ontario Inc. and Hasenfratz Investments Ltd., a wholly-owned direct subsidiary of 975904 Ontario Inc.

Mr. Hasenfratz has not purchased any other shares of Linamar in the past 12 months.

The common shares of Linamar were acquired for investment purposes. Mr. Hasenfratz may acquire additional shares of Linamar, subject to price and availability. Mr. Hasenfratz feels this is a good investment at this time.

Contact Information

  • Linamar Corporation
    Frank Hasenfratz
    (519) 836-7550 ext. 2000