Business
Plantro Ltd. Announces Completion of its Tender Offer for Shares of Information Services Corporation
ST. HELIER, Jersey, June 03, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. (“ Plantro ”...
About this update from Information Services Corp. Class A
[{"type":"text","content":"Plantro Ltd. Announces Completion of its Tender Offer for Shares of Information Services Corporation\n\n\n\n ST. HELIER, Jersey, June 03, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. (“\n \n Plantro\n \n ”) today announced the completion of its all-cash tender offer (the “\n \n Tender Offer\n \n ”) to acquire class A limited voting shares (“\n \n Class A Shares\n \n ”) in the capital of Information Services Corporation (TSX: ISC) (“\n \n ISC\n \n ” or the “\n \n Company\n \n ”) at a price of $30 per Class A Share.\n \n\n In connection with the completion of the Tender Offer, Plantro will take up and pay for Class A Shares that have been validly tendered and not withdrawn within three business days. Following the take up and payment for such Class A Shares, Plantro will own a total of 580,863 Class A Shares, representing approximately 3.13% of the Company’s issued and outstanding Class A Shares.\n \n\n Payment for the purchased Class A Shares will be effected by Odyssey Trust Company, the depositary for the Tender Offer, in accordance with the Tender Offer and applicable law. Shareholders of ISC who have validly deposited and not withdrawn their Class A Shares are not required to take any further action to accept the Tender Offer.\n \n\n Plantro is pleased to have provided participating ISC shareholders an opportunity to receive liquidity and certainty of value for their Class A Shares. Plantro intends to remain an engaged shareholder, hold the ISC board of directors to account, and to continue to take actions to unlock value for the benefit of all shareholders.\n \n\n\n About Plantro\n \n\n Plantro is a privately held company, with an established track record of making successful investments in undervalued and high quality legal, financial, and information services businesses.\n \n\n\n Shareholder Questions\n \n\n Shareholders of ISC who have questions with respect to the completed Tender Offer, please contact the depositary or the information agent for the Tender Offer at the contact details below:\n \n\n\n Depositary: Odyssey Trust Company\n \n\n Toll Free (US & Canada): 1-888-290-1175\n \n Calls (All Regions): 587-885-0960\n \n Email:\n \n [email protected]\n \n\n\n\n Information Agent: Carson Proxy\n \n\n North America Toll Free: 1-800-530-...