Fairfax Announces Termination of Total Return Swaps of

From GlobeNewswire: 2024-06-11 07:50:00

Fairfax Financial Holdings Limited terminated total return swaps for over 7.7 million common shares of Ensign Energy Services Inc. at an average reference price of C$1.3182. They agreed to purchase these shares at C$2.34 each, now owning 16.10% of all issued and outstanding shares. Fairfax plans to discuss investment strategies with Ensign’s management or board and may make future transactions based on market changes or company operations. They will file an early warning report in compliance with securities laws. Ensign’s office is in Toronto, with Fairfax primarily involved in insurance, reinsurance, and investments. For more information, contact John Varnell at (416) 367-4941.



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