Business
MR. PAUL RAYMOND FILES AN EARLY WARNING REPORT
MR. PAUL RAYMOND FILES AN EARLY WARNING REPORT Canada NewsWire /NOT FOR DISTRIB...
About this update from Alithya Group, Inc. Class A
[{"type":"text","content":"\n \n \n \n MR. PAUL RAYMOND FILES AN EARLY WARNING REPORT\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n THE UNITED STATES\n \n NEWSIRE SERVICES AND NOT FOR DISSEMINIATON IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n MONTREAL\n \n \n ,\n \n \n March 22, 2023\n \n \n /CNW/ - Mr.\n \n Paul Raymond\n \n , President and Chief Executive Officer of Alithya Group inc. (\"\n \n Alithya\n \n \"), filed today an early warning report with respect to his holding of Class B multiple voting shares (\"\n \n Class B Shares\n \n \") of Alithya, as required by applicable securities laws.\n \n \n On\n \n March 22, 2023\n \n , Mr. Raymond acquired 152,632 Class B Shares of Alithya pursuant to the exercise of 152,632 options to purchase Class B Shares that were set to expire on\n \n March 31, 2023\n \n (the \"\n \n Exercise\n \n \"). The options originate from options granted prior to the date Alithya went public and which were converted, on substantially the same terms and conditions as were applicable under the amended and restated 2011 stock option plan, into options to acquire Class B Shares of Alithya on\n \n November 1, 2018\n \n . 100,000 options had an exercise price of\n \n $2.46\n \n per option and 52,632 options had an exercise price of\n \n $1.90\n \n per option, for a total aggregate exercise price of\n \n $346,000.80\n \n . Mr. Raymond decided to fund the exercise price payable in connection with the Exercise through available funds and not to avail himself of the previously filed Form 45-102F1 – Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 – Resale of Securities, to sell Class A subordinate voting shares (\"\n \n Class A Shares\n \n \"). As a result of the Exercise, Mr. Raymond's voting rights, which were of 4.72%, increased to 5.63%.\n \n \n On\n \n March 22, 2023\n \n , before completion of the Exercise, a total of 7,171,616 Class B Shares and 87,889,081 Class A Shares were issued and outstandin...