Share Data
Common
Shares Issued and Outstanding |
|||||||||||||
| (number of shares) |
For the period ended February 7, 2008 |
2007 | 2006 | 2005 | |||||||||
|
Beginning of period |
83,054,528 | 82,561,272 | 82,364,899 | 84,268,293 | |||||||||
| Issued upon exercise of options | 43,445 | 493,256 | 196,373 | 695,157 | |||||||||
| Repurchased | — | — | — | (2,598,551 | ) | ||||||||
| End of period | 83,097,973 | 83,054,528 | 82,561,272 | 82,364,899 | |||||||||
Employee
Incentive Stock Options |
|||||||||||||
| (number of shares) |
For the period ended February 7, 2008 |
2007 | 2006 | 2005 | |||||||||
Beginning of period |
4,054,567 | 5,478,697 | 5,107,611 | 5,849,131 | |||||||||
| Granted | 223,550 | 174,100 | 1,007,259 | 532,750 | |||||||||
| Exercised | (56,502 | ) | (1,547,696 | ) | (567,795 | ) | (1,257,857 | ) | |||||
| Cancelled | (4,138 | ) | (50,534 | ) | (68,378 | ) | (16,413 | ) | |||||
| End of period | 4,217,477 | 4,054,567 | 5,478,697 | 5,107,611 | |||||||||
DISCLOSURE CONTROLS AND PROCEDURES
NOVA Chemicals’ management, with the participation of the Chief Executive Officer (CEO) and Chief Financial Officer (CFO), has evaluated the effectiveness, as at Dec. 31, 2007, of NOVA Chemicals’ disclosure controls and procedures (as defined in Rules 13a-15e and 15d-15e under the United States Securities Exchange Act of 1934) and has concluded that such disclosure controls and procedures are effective.
CHANGES IN INTERNAL CONTROL OVER FINANCIAL REPORTING
There have been no changes in NOVA Chemicals’ internal control over financial reporting during the year ended Dec. 31, 2007, that have materially affected, or are reasonably likely to materially affect, its internal control over financial reporting. Management has determined that no material change in internal control over financial reporting has occurred as a result of the implementation of the INEOS NOVA joint venture.
ADDITIONAL INFORMATION
Additional information relating to NOVA Chemicals, including the Annual Information Form, is filed with Canadian securities administrators and can be accessed through the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. This same information is filed with the U.S. Securities and Exchange Commission and can be accessed via its Electronic Data Gathering, Analysis and Retrieval System (EDGAR) at www.sec.gov/edgar.shtml.
