Frank Hasenfratz

November 11, 2008 16:14 ET

Frank Hasenfratz Purchases Shares of Linamar Corporation

GUELPH, ONTARIO--(Marketwire - Nov. 11, 2008) - Frank Hasenfratz, Chairman of Linamar Corporation ("Linamar") (TSX:LNR), announced that he has purchased 100,000 common shares of Linamar through the facilities of the Toronto Stock Exchange on November 7, 2008. The 100,000 common shares purchased by Mr. Hasenfratz represent approximately 0.15% of the issued and outstanding common shares of Linamar.

Prior to the transaction, Mr. Hasenfratz owned or exercised control or direction over 15,116,800 common shares, or approximately 23.19% of the issued and outstanding common shares of Linamar. As a result of the transaction, Mr. Hasenfratz owns or exercises control or direction over 15,216,800 common shares, or approximately 23.34% 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.

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