Attached files
file | filename |
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8-K - FORM 8-K - WASHINGTON GAS LIGHT CO | w84294e8vk.htm |
Exhibit 99.1
To:
|
Directors and Executive Officers of | |
WGL Holdings, Inc. and Washington Gas Light Company | ||
From:
|
Arden T. Phillips | |
Date:
|
September 9, 2011 | |
Re:
|
Notice of Blackout Period |
Though we are currently in a closed window period, the distribution of this blackout period notice
is required by rules promulgated under the Securities Exchange Act of 1934, as amended.
The service provider for the Washington Gas Light Company Savings Plan (Savings Plan) and
Washington Gas Light Company Capital Appreciation Plan/Union Employees Savings Plan (CAP Plan)
is being changed. In order to facilitate this change, there will be a period during which Savings
Plan and CAP Plan participants and beneficiaries temporarily will be unable to direct or diversify
investments in their plan accounts or obtain a loan or distribution from the plans. This period is
expected to begin on September 26, 2011 and is expected to end on October 14, 2011 (Blackout
Period). Notification of the Blackout Period was provided to participants under the Savings Plan
and CAP Plan.
The Sarbanes-Oxley Act of 2002 prohibits during this Blackout Period the direct or indirect
purchase, sale or other acquisition or transfer of any equity stock or derivative
securities (including stock options) of WGL Holdings, Inc. (WGL Holdings) or Washington Gas Light
Company (Washington Gas). Therefore, you also will be subject to a trading blackout period that
commences on September 26, 2011 and which is expected to end on October 14, 2011.
Please note that the trading restrictions implemented because of the Blackout Period are in
addition to trading restrictions under the Insider Trading Policy of the WGL Holdings, Inc. and
Subsidiaries Code of Conduct. When the Blackout Period ends, you will still be subject to the
ordinary quarterly window periods described under the policy.
The person listed below has been designated to respond to inquiries about the Blackout Period:
Ms. Andrea Adams
Director, HR Regulation & Strategy
Washington Gas Light Company
6801 Industrial Road
Springfield, Virginia 22151-4206
703-750-5584
Director, HR Regulation & Strategy
Washington Gas Light Company
6801 Industrial Road
Springfield, Virginia 22151-4206
703-750-5584