CHC shareholders to decide on option plan amendment
ST. JOHN'S, Sept. 25 /CNW/ - CHC Helicopter Corporation ("CHC") (TSX:
FLY.A and FLY.B; Nasdaq: FLYA) announced today that its Chairman and Chief
Executive Officer, Craig L. Dobbin. O.C., has advised the Corporation that he
does not intend to vote any of the Class B Multiple Voting Shares or Ordinary
Shares held by him on agenda item 4 to be presented to the Corporation's
Shareholders' Meeting to be held on September 26, 2002. Agenda item 4 is the
approval of an amendment to the Corporation's employee share option plan. He
has advised the Corporation that he will vote 700,000 Class A Subordinate
Voting Shares, which carry one vote per share, in favour of the proposal.
CHC Helicopter Corporation, through its subsidiaries and investments, is
a leading provider of helicopter transportation services to the oil and gas
industry, with a combined fleet of more than 300 light, medium and heavy
aircraft operating in 23 countries, and approximately 2,500 employees
worldwide. |
