14:52:35 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Ztest Electronics Inc (2)
Symbol ZTE
Shares Issued 20,173,696
Close 2018-06-29 C$ 0.23
Market Cap C$ 4,639,950
Recent Sedar Documents

Ztest Electronics holder Drzazga disposes of shares

2018-07-05 16:13 ET - News Release

Mr. Ted Drzazga, a shareholder, reports

TED DRZAZGA ANNOUNCES CHANGE IN OWNERSHIP INTEREST OF ZTEST ELECTRONICS INC.

Wojciech (Ted) Drzazga's ownership interest and that of his wife, Joanna Drzazga, in Ztest Electronics Inc. have collectively decreased by more than 2 per cent. Mr. Drzazga and Ms. Drzazga previously filed an early warning report with respect to the securities of Ztest on Jan. 22, 2018, at which time they collectively held 15.965 per cent of Ztest on a partially diluted basis. As a result of the disposition of 620,000 common shares by Mr. Drzazga in a private transaction and the sale of 94,500 common shares by Ms. Drzazga in the market, Mr. Drzazga and Ms. Drzazga collectively hold 11.929 per cent of the company.

Mr. Drzazga holds 973,477 common shares, representing 4.825 per cent of the issued and outstanding capital of the company. Ms. Drzazga holds directly and indirectly 1,433,045 common shares, representing 7.104 per cent of the issued and outstanding capital of the company. Collectively, they hold 2,406,522 common shares, representing 11.929 per cent of the issued and outstanding capital of the company.

Mr. Drzazga and Ms. Drzazga have advised that the securities are held for investment purposes and that they have no present intention to either increase or decrease their holdings in the company. Notwithstanding the foregoing, they have advised that they may increase or decrease their beneficial ownership, control or direction over common shares of the company through market transactions, private agreements, other treasury issuances or otherwise.

This news release is issued pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, of the Canadian Securities Administrators, which also requires an early warning report to be filed with the applicable securities regulators containing additional information with respect to the foregoing matters. A copy of the early warning report in respect of the foregoing matters will be available on Ztest's issuer profile on SEDAR.

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