The Toronto Stock Exchange reports that AGT Food and Ingredients Inc. will be listed at 5:01 p.m. on March 6, 2026, for trading at the open on March 9, 2026. According to the TSX, there will be 67,626,474 common shares of the company issued and outstanding, and 9,734,085 shares reserved for issuance. The shares will trade under the symbol AGTF, in Canadian dollars and with Cusip No. 001264 30 8.
The TSX reports that the shares began trading on an if, as and when-issued basis on March 3, 2026. Subject to the closing of the initial public offering occurring as scheduled before the open on March 9, 2026, trading on an if, as and when-issued basis will conclude at the close on March 6, 2026.
According to the TSX, the company is a globally diversified food company that has 39
manufacturing facilities operating across five continents. These facilities are strategically located near critical freight and logistics
infrastructure, and in close proximity to key agricultural growing
regions. The company produces a portfolio of packaged food brands,
including pasta, pulses, rice and cereals.
The company's transfer agent and registrar is TSX Trust Company at its principal office in Toronto, its fiscal year-end is Dec. 31, and the temporary market-maker is Research Capital Corp.
The company intends to declare quarterly cash dividends in an
amount to be determined, and subject to the company's financial
results, capital requirements, available cash flow, the need for funds
to finance continuing operations, the satisfaction of customary
covenants contained in credit facility documents restricting the ability
to pay dividends in certain circumstances, including those under the
bank facilities, the satisfaction of solvency tests imposed by the
OBCA and other factors that the board may consider relevant.
As stated in the supplemented PREP prospectus dated Feb. 27, 2026, the company's initial public offering will comprise: (i) a treasury offering by
the company of 18,478,212 shares; and (ii) a secondary offering by
the initial selling shareholders of 1,065,288 shares, at an offering
price of $23 per share, for total gross
proceeds of $449,500,500, of which $424,998,876 will be received by
the company. In addition, the company and the overallotment
selling shareholder have granted the underwriters an overallotment
option to purchase up to an additional
2,931,500 shares at the offering price. Any shares sold pursuant to
the exercise of the overallotment option will be sold first from the
shares held by the overallotment selling shareholder. Concurrently with the completion of the offering, certain affiliates of
Fairfax Financial Holdings Ltd. will purchase on a private
placement basis 8,695,700 shares of the company at the offering
price, for gross proceeds of $200-million.
For more information, see the TSX bulletins dated Feb. 27, 2026, and March 3, 2026.
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