Mithaq Formally Commences Premium All-Cash Takeover Bid for Aimia, Seeks Court Order Requiring Aimia to Immediately Call Special Meeting of Shareholders

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[{"type":"text","content":"\n \n \n \n Mithaq Formally Commences Premium All-Cash Takeover Bid for Aimia, Seeks Court Order Requiring Aimia to Immediately Call Special Meeting of Shareholders\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 Cash consideration of\n \n $3.66\n \n per Common Share under the Offer represents premiums of approximately:\n \n \n \n \n \n \n 20% based on the closing price of\n \n $3.05\n \n per Common Share on the TSX on\n \n October 2, 2023\n \n (the last trading day prior to the Offeror's announcement of its intention to make the Offer); and\n \n \n \n \n \n \n 23% to the volume weighted average trading price of\n \n $2.98\n \n per Common Share on the TSX over the 20 trading days ended\n \n October 2, 2023\n \n .\n \n \n \n \n \n \n \n \n Letter to shareholders and offer and takeover bid circular outlining the Offer available on\n \n \n \n www.cashpremiumforaimia.com\n \n \n \n and on Aimia's profile at\n \n \n \n www.sedarplus.ca\n \n \n \n \n \n \n \n Shareholders with questions or in need of assistance accepting the Offer can contact Carson Proxy Advisors at 1-800-530-5189 or go to\n \n \n \n www.cashpremiumforaimia.com\n \n \n \n \n \n \n \n Mithaq is seeking a court order requiring that Aimia immediately call and promptly hold a special meeting of shareholders because Mithaq has reason to believe, based on information provided by Aimia, that none of the directors of Aimia were elected at the most recent Annual Meeting\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Oct. 5, 2023\n \n \n /CNW/ - Mithaq Canada Inc. (the \"\n \n Offeror\n \n \"), a wholly-owned subsidiary of Mithaq Capital SPC (\"\n \n Mithaq\n \n \"), the largest shareholder of Aimia Inc. (TSX: AIM) (\"\n \n Aimia\n \n \"), today advised shareholders that it has formally commenced an all-cash takeover bid (the \"\n \n Offer\n \n \") to acquire all of the issued and outstanding common shares (the \"\n \n Common Shares\n \n \") of Aimia not already owned by the Offeror or its affiliates, together with the associated rights issued and outstanding under the sha...

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