10:45:00 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Onex Corp
Symbol OCX
Shares Issued 109,208,166
Close 2014-11-27 C$ 65.32
Market Cap C$ 7,133,477,403
Recent Sedar Documents

Onex receives issuer bid exemption from OSC

2014-11-28 20:44 ET - News Release

Ms. Emma Thompson reports

ONEX OBTAINS ISSUER BID EXEMPTION ORDER TO PERMIT PURCHASES BY WAY OF PRIVATE AGREEMENT

Onex Corp. today received an order from the Ontario Securities Commission, permitting it to make private agreement purchases of Onex's subordinate voting shares (SVS) from an arm's-length third party seller. Under the issuer bid exemption order dated Nov. 28, 2014, any purchases of SVS made pursuant to the order will be at a discount to the prevailing market price and may be made in one or more tranches. The purchases must otherwise comply with the terms of the order, including that only one such purchase is permitted per calendar week, the purchases cannot occur after the expiry of Onex's normal course issuer bid (NCIB) on April 15, 2015, and the total shares, which may be purchased under the order, is limited to 2,873,346, being one-third of the total number of SVS that otherwise could have been purchased under the NCIB.

All SVS purchased pursuant to the order will reduce the number of SVS Onex is permitted to purchase under the NCIB. Information regarding each purchase, including the number of SVS purchased and total price paid, will be available on SEDAR following its completion.

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