John M. Hooks Decreases Ownership of PHX Energy Services Corp. Below 10%

Core Points - John M. Hooks has disposed of 269,900 common shares of PHX Energy Services Corp, representing 0.6% of the outstanding shares [1][2] - Following the sale, Mr. Hooks' ownership decreased from approximately 10.2% to 9.6%, now holding 4,362,176 common shares [2] - The total value of the disposed shares was $2,164,598, averaging$8.02 per share, and the sale was conducted for personal financial reasons [2] Company Information - Prior to the disposition, Mr. Hooks owned or controlled 4,632,076 common shares of PHX Energy Services Corp [2] - The disposition was executed through the Toronto Stock Exchange [1] - Mr. Hooks may adjust his shareholdings in PHX in the future based on market conditions [2]