Altus Group Announces Exemptive Relief from the Ontario Securities Commission in connection with its Substantial Issuer Bid
Source: The Manila times
Published on: 2026-04-20 11:30
TORONTO, April 20, 2026 (GLOBE NEWSWIRE) -- Altus Group Limited ("Altus Group" or the "Company") (TSX: AIF), a leading provider of commercial real estate ("CRE") intelligence, announced today that, in connection with its ongoing substantial issuer bid (the "SIB") to purchase for cancellation up to C$200,000,000 in value of its common shares (the "Shares"), the Ontario Securities Commission (the "OSC"), as Altus Group's principal regulator, has granted an exemptive relief order exempting Altus Group from complying with certain extension take up, proportionate take up and related disclosure requirements. The SIB is being made by way of a "modified Dutch auction", allowing shareholders who choose to participate in the SIB to tender Shares in three ways: * by making an auction tender pursuant to which they agree to tender a specified number of Shares to Altus Group at a specified price per...
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