Air Canada 2014 Annual Report Download - page 139

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139
INVESTOR AND SHAREHOLDER
INFORMATION
Price Range and Trading Volume of Air Canada
Variable Voting Shares (AC.A)
2014 HIGH LOW VOLUME
TRADED
1st Quarter $ 9.88 $ 5.13 13,469,441
2nd Quarter $ 10.89 $ 5.67 12,547,30 0
3rd Quarter $ 10.30 $ 7.92 11,878,765
43,526,082
Price Range and Trading Volume of Air Canada
Voting Shares (AC.B)
2014 HIGH LOW VOLUME
TRADED
1st Quarter $ 9.90 $ 5.14 228,914,229
2nd Quarter $ 10.90 $ 5.65 170,139,899
3rd Quarter $ 10.34 $ 7.90 116,873,294
569,904,018
Price Range and Trading Volume of Air Canada
Variable Voting Shares and Voting Shares (AC)
N.B. Effective as of November 3, 2014, Air Canada Class A variable voting shares and
Class B voting shares started trading under a single ticker on the the Toronto Stock
Exchange.
2014 HIGH LOW VOLUME
TRADED
4th Quarter $ 12.67 $ 8.87 100,798,569
RESTRICTIONS ON VOTING SECURITIES
Currently, the Air Canada Public Participation Act
(ACPPA) limits ownership of Air Canada’s voting
interests by non-residents of Canada to a maximum
of 25%. The Canada Transportation Act (CTA) also
requires that Canadians own and control at least
75% of the voting interests of licensed Canadian
carriers. Accordingly, Air Canada’s articles contain
restrictions to ensure that it remains “Canadian” as
defined under the CTA. The restrictions provide that
non-Canadians can only hold variable voting shares of
Air Canada, that such variable voting shares will not
carry more than 25% (or any higher percentage that
the Governor in Council may by regulation specify)
of the aggregate votes attached to all issued and
outstanding voting shares and that the total number
of votes cast by the holders of such variable voting
shares at any meeting of shareholders will not exceed
25% (or any such higher percentage) of the votes that
may be cast at such meeting.
The Budget Implementation Act, 2009 contains
provisions whereby the restrictions on voting
securities in the ACPPA would be repealed and the
CTA would be amended to provide the Governor
in Council with flexibility to increase the foreign
ownership limit from the existing 25% level to a
maximum of 49%. These provisions will come into
force on a date to be fixed by order of the Governor in
Council made on the recommendation of the Minister
of Finance, in the case of the ACPPA, and on the
recommendation of the Minister of Transport, in the
case of the CTA.
FOR FURTHER INFORMATION
SHAREHOLDER RELATIONS
Telephone: 514-422-6644
Facsimile: 514-422-0296
shareholders.actionnaires@aircanada.ca
INVESTOR RELATIONS
Telephone: 514-422-7849
Facsimile: 514-422-7877
investors.investisseur[email protected]
HEAD OFFICE
Air Canada Centre
7373 Côte-Vertu Boulevard West
Saint-Laurent, Quebec H4S 1Z3
aircanada.com
Air Canada complies with the rules adopted by the
Toronto Stock Exchange.
TRANSFER AGENT AND REGISTRAR
CST Trust Company
Telephone: 1-800-387-0825
DUPLICATE COMMUNICATION
Shareholders receiving more than one copy are requested to
call 1-800-387-0825 or write to the Transfer Agent and
Registrar at the following address:
2001 University Street, Suite 1600,
Montreal, Quebec H3A 2A6
Inquiries may also be submitted by email to
inquiries@canstockta.com
Ce rapport annuel est publié dans les deux langues
officielles du Canada. Pour en recevoir un exemplaire en
français, veuillez communiquer avec les Relations avec les
actionnaires.
Designed and produced in-house by the Air Canada
Multimedia Communications Centre
Printing: RR Donnelley
ENGLISH OR FRENCH, IT’S THE CLIENT’S CHOICE
OFFICIAL LANGUAGES AT AIR CANADA
For Air Canada, offering service in the language chosen by its
customers is essential. Verbal exchanges with clients, public-address
announcements at the airport and on board as well as briefing
of passengers with special needs all constitute the very heart of
customer service and call upon our employees’ linguistic skills at all
times. Our consideration to bilingualism not only makes good sense
customerwise, but also supports our legal obligations to serve the
public in the two official languages of Canada.
Air Canada puts great efforts to better serve clients in the language
of their choice. It is through reach-out activities with the minority
language communities as well as ongoing employee awareness
and training that we can face the daily challenges, whether it
is the growing difficulty to recruit bilingual candidates outside
the province of Quebec and the national capital region, or for
our employees to maintain their language skills with very little
opportunities to practice the acquired language in some regions of
the country.