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AIMIA ESTABLISHES AN AUTOMATIC SHARE PURCHASE PLAN
AIMIA ESTABLISHES AN AUTOMATIC SHARE PURCHASE PLAN Canada NewsWire ...
About this update from Aimia Inc.
[{"type":"text","content":"\n \n \n \n AIMIA ESTABLISHES AN AUTOMATIC SHARE PURCHASE PLAN\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 29, 2022\n \n \n /CNW Telbec/ - Aimia Inc. (\"Aimia\") (TSX: AIM) today announced that, in connection with its previously announced normal course issuer bid (\"NCIB\") to purchase up to 7,780,322 of its common shares (\"Shares\"), it recently entered into an automatic share purchase plan (\"ASPP\") with the designated broker responsible for the NCIB. The ASPP allows for the purchase of Shares under the NCIB at times when Aimia would ordinarily not be permitted to purchase Shares due to regulatory restrictions and customary self-imposed blackout restrictions. Aimia is currently in a customary self-imposed blackout, but is not in possession of any material undisclosed information.\n \n \n The ASPP provides a set of standard instructions to the designated broker to make purchases under the NCIB, without further instructions from Aimia, in accordance with the limits and other terms set out in the ASPP, the rules of the Toronto Stock Exchange (\"TSX\") and applicable securities laws. The ASPP has been pre-cleared by the TSX and will be implemented as of today.\n \n \n The NCIB was originally announced by Aimia on\n \n June 17, 2022\n \n . The NCIB commenced on\n \n June 21, 2022\n \n and will end no later than\n \n June 20, 2023\n \n . All purchases made under the ASPP will be included in computing the number of Shares purchased and cancelled by Aimia under the NCIB.\n \n \n \n About Aimia\n \n \n \n Aimia Inc. (TSX: AIM) is a holding company with a focus on making long-term investments in public and private companies, on a global basis, through controlling or minority stakes.\n \n \n The company owns a portfolio of investments which include: a 10.85% stake in Clear Media Limited, one of the largest outdoor advertising firms in\n \n China\n \n , a 48.9% equity stake in Kognitiv, a B2B technology company enabling collaborative commerce, a 12.2% equity stake in TRADE X, a global B2B cross-bo...