06:31 AM EDT, 10/17/2024 (MT Newswires) -- Tecsys ( TCYSF ) late on Wednesday said Dave Brereton, the company's executive chairman, and his spouse, Kathryn Ensign-Brereton set up an automatic securities disposition plan (ASDP).

Both individuals will continue to hold a significant equity interest in Tecsys ( TCYSF ) following the disposition of common shares under the ASDP.

The ASDP allows trades to be made under pre-arranged instructions and will be effective on the second trading day following the date on which Tecsys ( TCYSF ) files its interim financial statements for the quarter ending Oct. 31.

Up to 96,000 common shares representing about 0.7% of Tecsys ( TCYSF ) issued and outstanding shares may be sold or donated under the ASDP by either individual.