Samir Manji

September 09, 2005 20:11 ET

Samir Manji: Amica CEO Increases Personal Shareholdings

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 9, 2005) - Samir Manji, Chairman, President, CEO and a director of Amica Mature Lifestyles Inc. (the "Company") (TSX:ACC) reports that as a result of the recent reorganization of the Manji family's holdings, the number of common shares of the Company that he owns (directly and indirectly) has increased by 815,602 shares, representing 5.6% of the outstanding shares of the Company. Samir Manji directly and indirectly holds 2,686,107 common shares of the Company or 18.6% of the outstanding shares.

Following the reorganization, the number of common shares that Salim Manji owns (directly and indirectly) has decreased by 888,534 shares, representing 6.1% of the outstanding shares of the Company. Salim Manji, a director of the Company, directly and indirectly holds 959,517 common shares of the Company, or 6.6% of the outstanding shares.

The share transfers were transacted at a price of $5.00 per share.

Samir Manji does not have any present intention of acquiring other securities of the Company.


Contact Information

  • Samir Manji
    c/o Amica Mature Lifestyles Inc.
    (604) 608-6777