Exchange Bulletin
IPL Plastics Inc. (IPLP) To Trade On Toronto Stock Exchange
June 26, 2018
| Issuer: | IPL Plastics Inc. (the "Company") |
| Security: | Common shares (the "Shares") |
| Symbol: | IPLP |
| Issue price per security: | $13.50 |
| Number of securities issued and outstanding: | 13,200,000 |
| Number of securities reserved for issuance: | 44,460,155 |
| Listing category: | Industrial, Exempt Issuer |
| Trading currency: | CDN $ |
| Transaction: | Initial public offering of Shares (the "Offering") |
| Listing date: | June 27, 2018 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | June 28, 2018 (prior to the opening) |
| Posted for trading date: | June 28, 2018 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Temporary market maker: | Citadel Securities Canada ULC |
| Security ownership registration: | Uncertificated Issue – Non-Certificated Inventory |
| Investor relations: | PJ Browne +353+1+6121235 Email: pj.browne@iplplastics.com |
| Incorporation: | Canada Business Corporations Act |
| Fiscal year end: | December 31 |
| Nature of business: | The Company manufactures specialty packaging products used primarily in the food, consumer, agricultural, logistics and environmental end-markets. |
| Transfer agent and registrar: | Computershare Investor Services Inc. at its principal office in Montréal |
| Dividends: | The Company does not anticipate paying any cash dividends on its securities, including the Shares, in the near-term. |
| Sponsorship: | Not applicable |
| Offering document: | Final prospectus dated June 21, 2018 (the "Prospectus") which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the offering document. |
| Initial public offering: | Pursuant to the terms of the Prospectus, 13,200,000 Shares are being offered to the public at a price of $13.50 per Share (the "Offering Price") for total gross proceeds of $178,200,000. In addition, the Company has granted to the underwriters an over-allotment option pursuant to which 1,980,000 additional Shares may be issued at the Offering Price. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange |