VANCOUVER, BC – Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) announced today that it has terminated the previously announced tender offer for Westport Fuel Systems 9% unsecured subordinated non-convertible debentures (the “Debentures”) effective immediately. Prior to cancellation of the tender offer, an aggregate of Cdn.$4,838,000 principal amount of Debentures were tendered to the offer and will be acquired by Westport Fuel Systems. Westport Fuel Systems expects to repay the remainder of the Debentures on their original maturity date of September 15, 2017.
In connection with the cancellation of the tender offer, Westport Fuel Systems has additionally cancelled the meeting of holders of Debentures previously scheduled for September 14, 2017.
At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are inventors, engineers, manufacturers and suppliers of advanced clean fuel systems and components that can change the way the world moves. Our technology delivers performance, fuel efficiency and environmental benefits to address the challenges of global climate change and urban air quality. Headquartered in Vancouver, Canada, we serve our customers in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.
Strong 2018 Financial Performance and Continued Growth in 2019
VANCOUVER, BC – Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2018 on Tuesday, March 19, 2019 after market close. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Tuesday, March 19, 2019 at 4:30pm Eastern Time (1:30pm Pacific Time).
Westport HPDI 2.0™ Meets 2025 Targets Today
Westport Fuel Systems Inc today announced that Michael Willis has resigned as its Chief Financial Officer.
Nancy Gougarty to Remain During a Transition Period