Option-related insider selling at Cascades (T:CAS)

Mario Plourde, CEO and Director, disposed of 166,143 Common Shares on a direct ownership basis at prices ranging from $13.900 to $13.950 between June 2nd, 2020 and June 3rd, 2020. This represents a $2,316,920 divestment of the company's shares and an account share holdings change of -44.4%.

Allan Hogg, CFO, disposed of 100 Common Shares on a direct ownership basis at a price of $14.250 on June 3rd, 2020. This represents a $1,425 divestment of the company's shares and an account share holdings change of -0.1%.

Cascades is in the Paper Packaging Sub Industry Group under the Basic Materials Sector.

Cascades Inc. is a paper and packaging company that produces, converts and sells packaging and tissue products composed primarily of recycled fibers. The Company operates through four segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes the Company's Packaging Products) and Tissue Papers. The Containerboard segment is a manufacturer of containerboard and converter of corrugated products in North America. The Boxboard Europe segment is engaged in manufacturing coated boxboard in Europe. The Specialty Products Group manufactures industrial packaging, consumer packaging products, and is also involved in recovery and recycling. The Tissue Papers segment operates units that manufacture and convert tissue papers for the Away-from-Home and consumer products markets. In Europe, Cascades operates the La Rochette mill in France that produces coated boxboard made of virgin fiber.