Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G/A
(Amendment No. 2)
Under the Securities Exchange Act of 1934
Intrepid Potash, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
46121Y102
(CUSIP Number)
June 6, 2018
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
x |
Rule 13d-1(c) |
o |
Rule 13d-1(d) |
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3 |
SEC Use Only | |||
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Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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< font size="2" face="Times New Roman" style="font-size:10.0pt;">9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each R
eporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11 |
Percent of Class Represented by Amount in Row (9) | |||
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12 |
Type of Reporting Person | |||
CUSIP No. 46121Y102 |
13G |
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1 |
Names of Reporting Person/I.R.S. Identification Nos. of Above Persons (Entities Only) | |||
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2 |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
o | ||
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(b) |
x | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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Percent of Class Represented by Amount in Row (9) | |||
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Type of Reporting Person | |||
Item 1. (a) |
Name of Issuer: |
Item 1(b) |
Address of Issuers Principal Executive Offices: |
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Item 2. (a) |
Name of Person Filing:
This statement is being jointly filed by the following persons (collectively, the Reporting Persons):
1. V. Prem Watsa, an individual;
2. The One One Zero Nine Holdco Limited (Holdco), a corporation incorporated under the laws of Ontario;
3. The Sixty Two Investment Company Limited (Sixty Two), a corporation incorporated under the laws of British Columbia;
4. Fairfax Financial Holdings Limited (Fairfax), a corporation incorporated under the laws of Canada;
5. FFHL Group Ltd. (FFHL), a corporation incorporated under the laws of Canada;
6. Brit Limited (Brit), a corporation incorporated under the laws of England and Wales;
7. Brit Insurance Holdings Limited (Brit Holdings), a corporation incorporated under the laws of England and Wales;
8. Brit Syndicates Limited (Brit Syndicates), a company incorporated under the laws of England and Wales;
9. Brit Reinsurance (Bermuda) Limited (Brit Re), a corporation continued in Bermuda;
10. Fairfax (US) Inc. (Fairfax US), a corporation incorporated under the laws of Delaware;
11. Odyssey US Holdings Inc. (Odyssey), a corporation incorporated under the laws of Delaware;
12. Odyssey Re Holdings Corp. (Odyssey Re), a corporation incorporated under the laws of Delaware; and
13. Odyssey Reinsurance Company (Odyssey Reinsurance), a corporation incorporated under the laws of Connecticut. |
Item 2(b) |
Address of Principal Business Office:
The addresses of the Reporting Persons are as follows:
1. Mr. Watsas business address is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;
2. A0; The principal business address and principal office address of Holdco is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;
3. The principal business address and principal office address of Sixty Two is 1600 Cathedral Place, 925 West Georgia St., Vancouver, British Columbia V6C 3L2; |
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4. The principal business address and principal office address of Fairfax is 95 Wellington Street West, Suite 800, Toronto, Ontario M5J 2N7;
5. The principal business and principal office address of FFHL is 95 Wellington Street West, Suite 800, Toronto, Ontario, Canada, M5J 2N7;
6. The principal business address and principal office address of Brit is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, United Kingdom;
7. The principal business address and principal office address of Brit Holdings is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, United Kingdom;
8. The principal business address and principal office address of Brit Syndicates is The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB, United Kingdom;
9. The principal business address and principal office address of Brit Re is Ground Floor, Chesney House, The Waterfront, 96 Pitts Bay Road, Pembroke, Hamilton HM 08, Bermuda;
10. The principal business and principal office address of Fairfax US is 2850 Lake Vista Drive, Suite 150, Lewisville, Texas 75067;
11. The principal business and principal office address of Odyssey is 300 First Stamford Place, Stamford, Connecticut 06902;
12. The principal business and principal office address of Odyssey Re is 300 First Stamford Place, Stamford, Connecticut 06902; and
13. The principal business address and principal office address of Odyssey Reinsurance is 300 First Stamford Place, Stamford, Connecticut 06902. | ||
Item 2(c) |
Citizenship: | ||
Item 2(d) |
Title of Class of Securities: | ||
Item 2(e) |
CUSIP Number: | ||
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Item 3. |
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: | ||
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(a) |
o |
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
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(b) |
o |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
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(c) |
o |
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
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(d) |
o |
An Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
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(e) |
o |
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
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(f) |
o |
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
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(g) |
o |
A parent holding company or control person, in accordance with §240.13d-1(b)(1)(ii)(G); |
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(h) |
o |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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(i) |
o |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
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(j) |
o |
A non-US institution in accordance with § 240.13d-1(b)(1)(ii)(J); |
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(k) |
o |
Group, in accordance with § 240.13d-1(b)(1)(ii)(K). |
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Item 4. |
Ownership. | ||
Based on the most recent information available, the aggregate number and percentage of the shares of common stock (the Shares) of Intrepid Potash, Inc. that are beneficially owned by each of the Reporting Persons is set forth in boxes 9 and 11 of the second part of the cover page to this Schedule 13G, and such information is incorporated herein by reference.
The number of Shares as to which each of the Reporting Persons has sole voting power, shared voting power, sole dispositive power and shared dispositive power is set forth in boxes 5, 6, 7 and 8, respectively, on the second part of the cover page to this Schedule 13G, and such information is incorporated herein by reference. | |||
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Item 5. |
Ownership of Five Percent or Less of a Class. | ||
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following x. | |||
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person. | ||
Not applicable | |||
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. | ||
Not applicable | |||
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Item 8. |
Identification and Classification of Members of the Group. | ||
See attached Exhibit No. 1. |
Item 9. |
Notice of Dissolution of Group. |
Not applicable | |
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Item 10. |
Certification. |
By signing below each Reporting Person certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
V. Prem Watsa |
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/s/ V. Prem Watsa |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
The One One Zero Nine Holdco Limited | |
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By: |
/s/ V. Prem Watsa |
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Name: |
V. Prem Watsa |
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Title: |
President |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
The Sixty Two Investment Company Limited | |
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By: |
/s/ V. Prem Watsa |
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Name: |
V. Prem Watsa |
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Title: |
President |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Fairfax Financial Holdings Limited | |
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By: |
/s/ Paul Rivett |
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Name: |
Paul Rivett |
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Title: |
President |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
FFHL Group Ltd. | |
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By: |
/s/ Paul Rivett |
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Name: |
Paul Rivett |
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Title: |
Director |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Brit Limited | |
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By: |
/s/ Mark Allan |
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Name: |
Mark Allan |
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Title: |
Chief Financial Officer and Director |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Brit Insurance Holdings Limited | |
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By: |
/s/ Mark Allan |
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Name: |
Mark Allan |
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Title: |
Chief Financial Officer and Director |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Brit Syndicates Limited | |
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By: |
/s/ Mark Allan |
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Name: |
Mark Allan |
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Title: |
Chief Financial Officer and Director |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Brit Reinsurance (Bermuda) Limited | |
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| |
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By: |
/s/ Mark Allan |
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Name: |
Mark Allan |
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Title: |
Director |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Fairfax (US) Inc. | |
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| |
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By: |
/s/ Paul Rivett |
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Name: |
Paul Rivett |
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Title: |
Attorney-in-Fact pursuant to Power of Attorney attached to this Schedule 13G |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Odyssey US Holdings Inc. | |
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| |
|
By: |
/s/ Paul Rivett |
|
Name: |
Paul Rivett |
|
Title: |
Attorney-in-Fact pursuant to Power of Attorney attached to this Schedule 13G |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Odyssey Re Holdings Corp. | |
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| |
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By: |
/s/ Paul Rivett |
|
Name: |
Paul Rivett |
|
Title: |
Attorney-in-Fact pursuant to Power of Attorney attached to this Schedule 13G |
SIGNATURE
After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: June 8, 2018 |
Odyssey Reinsurance Company | |
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| |
|
By: |
/s/ Paul Rivett |
|
Name: |
Paul Rivett |
|
Title: |
Attorney-in-Fact pursuant to Power of Attorney attached to this Schedule 13G |
Exhibit Index
Exhibit No. |
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Description |
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1 |
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Members of filing group |
2 |
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Joint Filing Agreement dated as of June 8, 2018 among V. Prem Watsa, The One One Zero Nine Holdco Limited, The Sixty Two Investment Company Limited, Fairfax Financial Holdings Limited, FFHL Group Ltd., Brit Limited, Brit Insurance Holdings Limited, Brit Syndicates Limited, Brit Reinsurance (Bermuda) Limited, Fairfax (US) Inc., Odyssey US Holdings Inc., Odyssey Re Holdings Corp. and Odyssey Reinsurance Company |
3 |
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Power of Attorney |