Exchange Bulletin
Neo Performance Materials Inc. (NEO) To Trade On Toronto Stock Exchange
December 6, 2017
| Issuer: | Neo Performance Materials Inc. (the "Company") |
| Security: | Common Shares (the "Shares") |
| Symbol(s): | NEO |
| Issue price per security: | $18.00 |
| Number of securities issued and outstanding: | 39,878,384 |
| Number of securities reserved for issuance: | 5,339,991 |
| Listing category: | Industrial, Exempt |
| CUSIP: | 64046G 10 6 |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering by way of Secondary Offering of Shares (the "Offering"). |
| Listing date: | December 7, 2017 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | December 8, 2017 (prior to the opening) |
| Posted for trading date: | December 8, 2017 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Temporary market maker: | Independent Trading Group (ITG) Inc. |
| Security ownership registration: | Non-certificated inventory system of CDS Clearing and Depository Services Inc. |
| Investor relations: | Ali Mahdavi 416-962-3300 Email: am@spinnakercmi.com -and- Jim Sims 303-503-6203 Email: j.sims@neomaterials.com |
| Incorporation: | Business Corporations Act (Ontario) |
| Fiscal year end: | December 31 |
| Nature of business: | The Company is an innovator, developer, processor, and manufacturer of rare earth and rare metal-based engineered functional materials which are essential inputs to high technology, high growth, and future-facing industries. |
| Transfer agent and registrar: | Computershare Trust Company of Canada at its principal office in Toronto. |
| Dividends: | The Company intends to adopt a dividend policy, which it anticipates to be effective 90 days after the closing date, pursuant to which it will pay cash dividends. The Company anticipates that the dividend will be $0.095 per Share per quarter ($0.38 per Share per fiscal year). |
| Sponsorship: | Waived |
| Disclosure document: | Prospectus dated November 30, 2017 which is available at www.SEDAR.com. |
| Initial public offering: | 11,115,000 Shares of the Company are being offered to the public at a price of $18.00 per Share by OCM Neo Cayman Holdings (Cayman), L.P., a company that is jointly controlled by Opportunities and Strategic Credit Funds managed by Oaktree Capital Management, L.P. ("Selling Shareholders"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 1,667,250 Shares from the Selling Shareholders at $18.00 per Share. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange. |
