Further to its bulletin dated Oct. 1, 2024, the Toronto Stock Exchange reports that Propel Holdings Inc. subscription receipts have been delisted, effective at the close on Nov. 15, 2024. According to the TSX, the company has closed the related acquisition, and holders of subscription receipts will receive, for each subscription receipt held: (i) one common share of the company; and (ii) a cash amount equivalent to the
dividend per common share payable by the company to
holders of common shares of record on Nov. 15,
2024, with payment occurring on Dec. 4, 2024.
As the subscription receipts are uncertificated, holders of
subscription receipts need not take any action in order to
receive the common shares and dividend equivalent
payment to which they are entitled.
For more information, see the company's prospectus supplement dated Sept. 30, 2024, to the
short form base shelf prospectus dated May 10, 2024, which is available on SEDAR+.
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