Business
G2S2 CAPITAL INC. ANNOUNCES INCREASED INVESTMENT IN CLARKE INC.
G2S2 Capital Inc. ("G2S2") announces that it has acquired ownership of, and control over, an additional 425,000 common shares of Clarke Inc. ("Clarke"), representing 3.28% of the outstanding common shares of Clarke ("Common Shares"). G2S2 acquired the Common Shares on March 30, 2026, through the facilities of the Toronto Stock Exchange at a price of $21.50 per share (the "Acquisition").
About this update from Clarke Inc.
[{"type":"text","content":"HALIFAX, NS, March 31, 2026 /CNW/ - G2S2 Capital Inc. ("G2S2") announces that it has acquired ownership of, and control over, an additional 425,000 common shares of Clarke Inc. ("Clarke"), representing 3.28% of the outstanding common shares of Clarke ("Common Shares"). G2S2 acquired the Common Shares on March 30, 2026, through the facilities of the Toronto Stock Exchange at a price of $21.50 per share (the "Acquisition").","length":465,"tagName":"p"},{"type":"image","alt":"G2S2 Capital Inc. logo (CNW Group/G2S2 Capital Inc.)","displaySize":"","headline":null,"caption":"G2S2 Capital Inc. logo (CNW Group/G2S2 Capital Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":136,"url":"https://media.zenfs.com/en/cnwgroup.com/010d5db01021565435a4a858b1a5e44e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HS1AkTcvGSA5Q6hpymu7Ow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0MA--/https://media.zenfs.com/en/cnwgroup.com/010d5db01021565435a4a858b1a5e44e","width":400,"height":136}},"href":"https://mma.prnewswire.com/media/2946837/G2S2_Capital_Inc__G2S2_CAPITAL_INC__ANNOUNCES_INCREASED_INVESTME.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Prior to the Acquisition, G2S2 owned and exercised control over 10,657,300 Common Shares, representing a securityholding percentage of 82.18% of the Common Shares. Immediately after the Acquisition, G2S2 owns and exercises control over 11,082,300 Common Shares, representing a securityholding percentage of 85.46% of the Common Shares.","length":335,"tagName":"p"},{"type":"text","content":"The Common Shares were purchased for investment purposes. G2S2, may, from time to time, acquire additional Common Shares, or dispose of some or all of their current or additional Common Shares, in the normal course of their investment activities.","length":246,"tagName":"p"},{"type":"text","content":"In making the Acquisition, G2S2 relied on the exemption from the requirements in securities legislation applicable to formal bids in Section 4.1 of National Instrument 62-104 Take-Over Bids and Issuer Bids.","length":206,"tagName":"p"},{"type":"text","content":"In accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, G2S2 will file an early warning report rega...