zbyslaw owczarczyk, Alan owns 176,666 shares, TA
techstocks.com
tem 12. Security Ownership of Certain Beneficial Owners and Management
The following table sets forth certain information regarding the ownership of
the Company's Common Shares as at June 17, 1999 (i) by each person known by the
Company to own beneficially more than 5% of the Company's Common Shares, (ii) by
each of the Company's directors and (iii) by all directors and executive
officers of the Company as a group. The information as to beneficial ownership
is presented in accordance with the rules and regulations under the United
States Securities Exchange Act of 1934 and consequently may differ from similar
information that appears in the Company's proxy circular prepared in accordance
with the Canada Business Corporations Act for the annual and special meeting of
shareholders to be held on September 23, 1999.
Shares Issuable
Within 60 Days Total Shares
Shares Currently Upon Exercise Beneficially % of
Name and Address Directly Owned of Options/(1)/ Owned Class
-----------------------------------------------------------------------------------------------
Terence H. Matthews 39,710,908 nil 39,726,908/(2)/ 22.02%
Kanata, Ontario
FMR Corp. 18,375,407 nil 18,375,407/(3)/ 10.18%
Boston, Massachusetts, USA
Donald Mills 784,016 1,325 801,341/(4)/ *
Kent H. E. Plumley 289,187 24,500 358,909/(5)/ *
Peter D. Charbonneau 28,000 102,250 283,650/(6)/ *
Alan G. Lutz 10,000 166,666 176,666 *
John C. J. Thynne 34,000 17,000 51,000 *
Graham C. C. Miller 35,616 10,500 46,116/(7)/ *
Denzil J. Doyle 29,000 10,500 43,200/(8)/ *
Trevor G. Jones 8,000 12,000 20,000 *
Alan D. Horn nil nil nil
Page 78
All directors and executive
officers as a group (19 persons) 41,045,225 529,723 41,810,220/(9)/ 23.17%
_______________
* Less than 1%
(1) Shares issuable upon exercise of stock options that are exercisable within
60 days of June 17, 1999.
(2) Includes 4,974,000 shares owned directly; 16,000 shares beneficially owned
through his wife, as to which shares he disclaims beneficial ownership;
32,379,153 shares beneficially owned through control of Wesley Clover
Corporation; 1,745,920 shares beneficially owned through 2874806 Canada
Inc.; 595,000 shares beneficially owned through control of 3090-8081
Quebec Inc.; 16,835 shares beneficially owned through 2985314 Canada Inc.,
and 1,745,920 shares beneficially owned through 2874814 Canada Inc.
(3) Shares held by Fidelity Management & Research Company, an investment
advisor registered under Section 203 of the Investment Advisors Act of
1940, as amended, and a subsidiary of FMR Corp.
(4) Includes 16,000 shares beneficially owned through his wife, as to which
shares he disclaims beneficial ownership.
(5) Includes 42,872 shares and 2,350 shares issuable within 60 days upon the
exercise of options beneficially owned through his wife, as to which
shares and shares issuable upon the exercise of options he disclaims
beneficial ownership.
(6) Includes 153,400 shares beneficially owned through his wife, as to which
shares he disclaims beneficial ownership.
(7) Includes 35,616 shares owned jointly with his wife.
(8) Includes 3,500 shares beneficially owned through his wife, as to which
shares he disclaims beneficial ownership.
(9) Includes, in the aggregate, 232,922 shares and 2,350 shares issuable
within 60 days of June 17, 1999 upon the exercise of options beneficially
owned through spouses and children, as to which shares and shares issuable
upon the exercise of options they disclaim beneficial ownership.
Except as otherwise indicated, the persons in the table have sole voting and
investment powers with respect to all Common Shares beneficially owned by them
subject to community property laws where applicable and the information
contained in the footnotes to the table.
Statements contained in the table as to shares beneficially owned by directors
and executive officers or over which they exercise control or direction are, in
each instance, based upon information obtained from such directors and executive
officers. The Company is not aware of any person except the holders set forth
above who beneficially owns or exercises control or direction over shares
carrying more than 5% of the votes attached to such shares of the Company as at
June 17, 1999. |
