14:49:22 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Aimia Inc
Symbol AIM
Shares Issued 94,639,614
Close 2023-12-12 C$ 2.88
Market Cap C$ 272,562,088
Recent Sedar Documents

Aimia's new shareholder rights plan deferred by TSX

2023-12-12 16:44 ET - News Release

Mr. Albert Matousek reports

AIMIA ANNOUNCES TORONTO STOCK EXCHANGE DEFERRAL OF CONSIDERATION OF NEW SHAREHOLDER RIGHTS PLAN

Aimia Inc. has been notified by the Toronto Stock Exchange (the TSX) that the TSX will defer consideration of the acceptance of Aimia's recently announced new, tactical shareholder rights plan (the new rights plan) until: (i) such time as it determines that the appropriate securities commission will not intervene in the event of any takeover bid for Aimia, including Mithaq Canada Inc.'s outstanding unsolicited takeover bid to acquire all issued and outstanding common shares of Aimia (the hostile bid), and (ii) the ratification of the new rights plan by the shareholders of Aimia within six months from the date of its adoption.

The deferral of acceptance of the new rights plan by the TSX does not affect the adoption or operation of the new rights plan, which will remain operative and effective until the day after the expiry of the hostile bid, unless terminated earlier.

A copy of the new rights plan is available under Aimia's profile on SEDAR+.

About Aimia Inc.

Aimia is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. Aimia targets companies with durable economic advantages evidenced by a record of substantial free cash flow generation over complete business cycles and strong growth prospects and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide. In addition, Aimia seeks investments that may efficiently utilize the company's operating and capital loss carryforwards to further enhance shareholder value.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.