Macquarie Infrastructure Company Reports Acquisition of Shares by CEO
NEW YORK--(BUSINESS WIRE)-- Macquarie Infrastructure Company (NYS: MIC) announced that Company CEO James Hooke has acquired 13,327 shares of MIC from Macquarie Infrastructure Management (USA) Inc. ("MIMUSA").
MIMUSA, the external manager of MIC, facilitated the arrangement to further align Hooke's interests with those of other MIC shareholders. The acquisition of the shares is being funded via a loan from Macquarie Group.
Hooke was pleased to announce the purchase, noting that "I am grateful to have been able to work with MIMUSA to create an arrangement that allows me to have more skin in the game. We have taken this step in direct response to shareholder requests, and I look forward to continuing to enhance the value of MIC shares."
About Macquarie Infrastructure Company
Macquarie Infrastructure Company owns, operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a gas processing and distribution business, Hawaii Gas, a controlling interest in a District Energy business in Chicago, and a 50% interest in a bulk liquid storage terminal business, International-Matex Tank Terminals. MIC also owns and operates an airport services business, Atlantic Aviation and two solar power generation facilities, collectively MIC Solar. The Company is managed by a wholly-owned subsidiary of the Macquarie Group. For additional information, please visit the Macquarie Infrastructure Company website at www.macquarie.com/mic. MIC-G
MIC is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of MIC do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of MIC.
Macquarie Infrastructure Company
Jay A. Davis, 212-231-1825
Paula Chirhart, 212-231-1310
KEYWORDS: United States North America New York
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