12:45:41 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Dye & Durham Ltd
Symbol DND
Shares Issued 54,953,325
Close 2023-08-29 C$ 18.10
Market Cap C$ 994,655,183
Recent Sedar Documents

Dye & Durham extends substantial issuer bid

2023-08-29 18:05 ET - News Release

Mr. Morgan McLellan reports

DYE & DURHAM ANNOUNCES EXTENSION OF ITS SUBSTANTIAL ISSUER BID

Dye & Durham Ltd. has extended its continuing substantial issuer bid, pursuant to which the company has offered to repurchase for cancellation up to $52-million principal aggregate amount of its issued and outstanding 3.75 per cent convertible senior unsecured debentures due March 1, 2026. The expiry date of the offer has been extended to 5 p.m. Eastern Time on Sept. 14, 2023, unless further extended, varied or withdrawn by the company. All other terms of the offer remain unchanged.

Details of the offer, including instructions for tendering debentures, are included in the formal offer to purchase and issuer bid circular dated July 25, 2023, as amended by the notice of variation and extension dated Aug. 29, 2023. The notice of variation will be mailed to debentureholders, filed with applicable Canadian securities regulatory authorities and made available without charge on SEDAR. Debentureholders should carefully read the offer documents prior to making a decision with respect to the offer.

Debentureholders who have validly deposited and not withdrawn their debentures are not required to take any further action to accept the offer. Debentures previously deposited may be withdrawn by or on behalf of the depositing debentureholder by following the procedures set forth in Section 6 of the offer to purchase, entitled "withdrawal rights." The company will take up and pay for debentures validly deposited under the offer pursuant to the terms and conditions of the offer documents. Please refer to Dye & Durham's news release dated July 26, 2023, for further details regarding the offer.

About Dye & Durham Ltd.

Dye & Durham provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions, and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia and South Africa.

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