09:42:18 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Performance Sports Group Ltd
Symbol PSG
Shares Issued 45,566,680
Close 2016-09-26 C$ 5.25
Market Cap C$ 239,225,070
Recent Sedar Documents

Performance Sports investor buys 1.47 million shares

2016-09-26 20:50 ET - News Release

Ms. Jennifer Ritchie of Brookfield reports

BROOKFIELD CAPITAL PARTNERS LTD. DISCLOSES INCREASE IN OWNERSHIP OF COMMON SHARES OF PERFORMANCE SPORTS GROUP LTD.

Between Sept. 12, 2016, the date of the most recent early warning report filed by 251091708 Delaware LP (the acquiror), a Delaware limited partnership indirectly controlled by Brookfield Capital Partners Ltd. (BCP), and Sept. 26, 2016, the acquiror acquired ownership of an additional 1,470,192 common shares of Performance Sports Group Ltd., representing approximately 3.23 per cent of the outstanding common shares of the company. The acquired shares were acquired through the facilities of the New York Stock Exchange at an average price equal to $5.08 per common share, for aggregate consideration paid that is equal to $7,465,596.

Prior to the acquisition of the acquired shares, the acquiror owned a total of 4,556,668 common shares of the company, representing approximately 10 per cent of the company's currently outstanding common shares. As a result of the acquisition of the acquired shares, the acquiror now owns a total of 6,026,860 common shares of the company, representing approximately 13.23 per cent of the currently outstanding common shares of the company. (The calculations of the foregoing percentages are based on 45,566,680 common shares of the company outstanding as of April 13, 2016, as reported in the company's quarterly report on Form 10-Q filed with Canadian securities regulatory authorities.)

The acquired shares, along with all other common shares of the company owned by the acquiror, were acquired for investment purposes, which remain subject to the disclosure set forth in the acquiror's news release dated Sept. 12, 2016, and filed on that date under the company's profile on SEDAR. Other than as described in the Sept. 12, 2016, news release, the acquiror does not have any current plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses A through K of item No. 5 of Form 62-103F1.

The business address of BCP and the acquiror is located at Brookfield Place, 181 Bay St., Suite 300, Toronto, Ont., M5J 2T3.

The head office of the company is located at 100 Domain Dr., Exeter, New Hampshire, U.S., 03833-4801.

A copy of the early warning report required to be filed under applicable Canadian securities laws will appear with the company's documents on SEDAR.

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