RED DEER, ALBERTA--(Marketwired - March 12, 2014) -
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES
Parkland Fuel Corporation ("Parkland") (TSX:PKI) today announced that effective March 18, 2014, Computershare Trust Company of Canada ("Computershare") will replace Valiant Trust Company as plan agent under its Premium Dividend™ (the "Premium Dividend™ Component") and dividend reinvestment plan (the "Dividend Reinvestment Component" and, together with the Premium Dividend™ Component, the "Plan"). In connection with the appointment of Computershare, Parkland has made certain minor amendments to the Plan and ancillary documents.
Most investors in Parkland are beneficial shareholders who hold their shares through an intermediary such as a brokerage, investment dealer, or a financial institution. Beneficial shareholders who are currently enrolled in the Plan should contact the broker, investment dealer, financial institution or other intermediary who holds their common shares to enquire whether any documentation is required to continue the enrollment of such holders in the Plan.
Registered shareholders are those investors who hold actual Parkland share certificates. In order for registered shareholders who are currently enrolled in the Plan to continue to participate they will be required to reenroll by delivering a properly completed enrollment form to Computershare, no later than 3:00 p.m. (Calgary time) on the fifth business day preceding a dividend record date in order to participate for the corresponding dividend payment date. Registered shareholders who are currently enrolled in the Dividend Reinvestment Component may also enroll by filling out the enrollment form found online at http://bit.ly/PKIdividend.
Questions may be directed to Computershare by calling 1-800-564-6253. Copies of the Plan, a series of questions and answers and the enrollment form are available on Parkland's website at http://bit.ly/PKIdividend, or directly from Parkland by calling 1-800-662-7177 ext. 2533.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States, in any province or territory of Canada or in any other jurisdiction. The securities to be offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or absent an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.
About Parkland Fuel Corporation
Parkland Fuel Corporation is an independent marketer of petroleum products in North America, empowered by a continent-wide logistics, supply and trading platform. We provide motorists, businesses, consumers and wholesale customers with a safe and dependable source of gasoline, diesel, propane, lubricants, heating oil and other products through a network of locations across North America that are run by community based operators who care.
For investor and media inquiries please contact Glen Nelson, Manager of Investor Relations at 1-800-662-7177 ext. 2533. To sign up for Parkland's investor information services, please go to http://bit.ly/PKI-Info or visit www.parkland.ca.
FORWARD LOOKING STATEMENTS
Certain statements included herein that contain words such as "believe", "expects", "expected", "will", "intends", "anticipates", "estimates", "continues", and similar expressions and statements that are not related to historical facts constitute forward-looking information or statements under securities laws. In particular, the forward-looking information and statements herein include, but are not limited to, statements pertaining to the Plan, the enrollment and participation of shareholders in the Plan and the timing of dividends payable by Parkland on its common shares. Parkland believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, some of which are described in Parkland's annual information form and other continuous disclosure documents. Such forward-looking statements necessarily involve known and unknown risks and uncertainties and other factors, which may cause Parkland's actual performance in future periods to differ materially from performance or results expressed or implied by such forward-looking statements. Such factors include, but are not limited the timely receipt of required regulatory approvals and other factors, many of which are beyond the control of Parkland. Any forward-looking statements are made as of the date hereof and Parkland does not undertake any obligation, except as required under applicable law, to publicly update or revise such statements to reflect new information, subsequent or otherwise.