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Enter Symbol
or Name
USA
CA



Celestica Inc
Symbol CLS
Shares Issued 158,249,989
Close 2014-10-23 C$ 11.55
Market Cap C$ 1,827,787,373
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Celestica's Muhlhauser enters security disposition plan

2014-10-24 17:12 ET - News Release

Mr. Craig Muhlhauser reports

CELESTICA CEO ENTERS AUTOMATIC SECURITIES DISPOSITION PLAN

Craig Muhlhauser, president and chief executive officer of Celestica Inc., has entered into an automatic securities disposition plan. The ASDP was designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and applicable Canadian provincial securities laws. The ASDP provides for the sale by an independent broker of up to 274,992 subordinate voting shares between Nov. 23, 2014, and Oct. 30, 2015, pursuant to predetermined timing and other criteria, and subject to minimum price thresholds specified in the plan. Mr. Muhlhauser is also subject to meaningful restrictions on his ability to modify, amend or terminate the plan.

An ASDP permits an insider, at a time when such insider is not in possession of material non-public information regarding an issuer, to establish a prearranged plan to sell securities of the issuer on an automatic basis, regardless of whether trading restrictions are subsequently imposed or the insider subsequently receives material non-public information regarding the issuer or its securities. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how, whether or when dispositions will occur pursuant to the plan and may not transmit material non-public information regarding the issuer or its securities to the broker under the ASDP. Dispositions pursuant to the plan will be reported by Mr. Muhlhauser in accordance with applicable securities laws.

Except as may be required by law, Celestica does not undertake to report on specific preplanned stock trading plans of its insiders, nor to report on the modification or termination of such plans.

We seek Safe Harbor.

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