Exchange Bulletin

Horizons Canadian Utility Services High Dividend Index ETF (UTIL) To Trade On Toronto Stock Exchange


August 8, 2022

Issuer: Horizons Canadian Utility Services High Dividend Index ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class A units (the "Units") UTIL 200,001 None CAD $25.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of the Units (the "Offering")
Listing date: August 9, 2022 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: August 10, 2022 (prior to the opening)
Posted for trading date: August 10, 2022 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
mfabregas@horizonsetfs.com
Incorporation: The ETF is an open-end mutual fund trust established under the laws of Ontario, on May 9, 2022 pursuant to an amended and restated master declaration of trust.
Manager and Trustee: Horizons ETFs Management (Canada) Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent possible, the performance of an index that seeks to provide exposure to the performance of TSX-listed high dividend paying utility services companies. Currently, the ETF seeks to replicate the performance of the Solactive Canadian Utility Services High Dividend Index, net of expenses
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: It is anticipated that the ETF will make distributions to its Unitholders on a monthly basis.
Sponsorship: Not applicable
Offering document: Prospectus dated May 9, 2022, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 200,001 Units will be issued at a subscription price of CAD $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Selma Thaver,
Director,
TSX Listings