07:05:49 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



GFL Environmental Inc
Symbol GFL
Shares Issued 381,570,096
Close 2024-10-31 C$ 58.25
Market Cap C$ 22,226,458,092
Recent Sedar Documents

GFL CEO Dovigi's holding entities close reorganization

2024-11-01 02:47 ET - News Release

Mr. Patrick Dovigi reports

EARLY WARNING PRESS RELEASE PURSUANT TO NATIONAL INSTRUMENT 62-103 - TAKE OVER BIDS AND ISSUER BIDS

On Oct. 31, 2024, certain holding entities beneficially owned and controlled by Patrick Dovigi, chairman of the board of directors and president and chief executive officer of GFL Environmental Inc., his family members, and discretionary trusts settled by family members of Mr. Dovigi completed an internal reorganization involving the Dovigi group's holdings of multiple voting shares of GFL Environmental. The reorganization did not result in any changes to the Dovigi group's aggregate ownership in GFL Environmental.

Immediately prior to the reorganization, the Dovigi group beneficially owned, indirectly though certain holding entities, 11,812,964 MVS, representing 100 per cent of the issued and outstanding MVS. Upon completion of the reorganization, the Dovigi group directly owns and controls 11,812,964 MVS, representing 100 per cent of the issued and outstanding MVS. There was no change to the number of MVS issued and outstanding or beneficially owned by the Dovigi group as a result of the reorganization.

Mr. Dovigi will file an early warning report with the securities regulators in each of the provinces and territories of Canada with respect to the foregoing matters pursuant to National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues) in connection with the issuance of this press release, a copy of which will be available under GFL Environmental's profile on SEDAR+. A copy of the early warning report can be obtained by contacting GFL Environmental's corporate secretary by e-mail at ir@gflenv.com or by telephone at 905-326-0101.

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