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CIBC Asset Management Inc. Discloses Acquisition of Common Shares of Trisura Group Ltd.
CIBC Asset Management Inc. Discloses Acquisition of Common Shares of Trisura Group Ltd. C...
About this update from Canadian Imperial Bank Of Commerce
[{"type":"text","content":"CIBC Asset Management Inc. Discloses Acquisition of Common Shares of Trisura Group Ltd.\n\n\nCIBC Asset Management Inc. Discloses Acquisition of Common Shares of Trisura Group Ltd.\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.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Oct. 23, 2025 /CNW/ - CIBC Asset Management Inc. (\"CAMI\"), has filed an early warning report on SEDAR+ (www.sedarplus.com) with respect to the common shares (the \"Shares\") of Trisura Group Ltd (the \"Issuer\"), to disclose historical acquisitions by CAMI of Shares of the Issuer on behalf of its managed investment funds and client accounts over which is has discretionary authority. Following the filing of the report, CAMI intends to rely on the alternative monthly reporting system described in Part 4 of NI 62-103 Early Warning Report.\nIn July 2025, CAMI acquired 93,530 Shares of the Issuer on behalf of its managed investment funds and client accounts over which is has discretionary authority. The series of acquisitions were made in Canadian dollars at various trading prices ranging from $43.03 to CAD $44.6577. As a result of these acquisitions, CAMI, on behalf of its managed investment funds and client accounts over which it has discretionary authority, had control or direction over 4,798,973 of the Shares of the Issuer representing approximately 10.038% of the issued and outstanding Shares of the Issuer as of July 31, 2025. Immediately prior to these acquisitions, CAMI had control or direction over approximately 9.848% of the issued and outstanding Shares of the Issuer. All purchases were made on the Toronto Stock Exchange (the \"TSX\").\nCAMI disclaims beneficial ownership of the Shares of the Issuer but as investment manager it maintains exclusive power to exercise investment control or direction over the Shares of the Issuer for its managed investment funds and client accounts over which it has discretionary authority.\nThese acquisitions were made in the ordinary course of business and for investment purposes only. CAMI may from time to time acquire additional securities of th...