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public company |
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| When FNLC became a publicly-traded stock seven years ago, we chose to be listed on NASDAQ because we believe that this market offers the best trading platform for our stock. Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, permits officers and directors of public companies to adopt pre-arranged sales plans to buy or sell shares of their company's publicly-traded stock at future dates, regardless of any material non-public information they may receive after adopting a plan. They were asked to vote on the question of whether the company should become a publicly-traded stock company. |
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