CEO's Ownership of PHX Energy Services Corp. Increases Above 10%
11 Julio 2024 - 5:00PM
John M. Hooks announces that, on today's date, as a result of
repurchases by PHX Energy Services Corp.
("
PHX") of common shares ("
Common
Shares") under its normal course issuer bid (the
"
Transaction"), his percentage ownership of the
issued and outstanding Common Shares has increased over 10%.
Immediately prior to the Transaction, Mr. Hooks
owned or controlled 4,706,376 Common Shares, representing
approximately 9.9% of the issued and outstanding Common Shares of
PHX. As a result of the Transaction, Mr. Hooks' ownership has
increased to 10.01% of the issued and outstanding Common Shares. No
Common Shares were purchased or sold by Mr. Hooks concurrent with
the Transaction. Mr. Hooks may increase or decrease his
shareholdings in PHX in the future depending on market conditions
and other circumstances.
For additional information please see
the Early Warning Report in relation to the Disposition which has
been filed by Mr. Hooks on PHX's SEDAR+ profile at
www.sedarplus.ca. A copy
of the Early Warning Report may also be obtained by
contacting:
PHX Energy Services Corp. John Hooks Chief Executive Officer
Phone: (403) 543-4466