Business
Plantro Ltd. Announces Extension of Tender Offer to Acquire up to 15% of Class A Limited Voting Shares of Information Services Corporation
BRIDGETOWN, Barbados, April 28, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. (“ Plantro  ...
About this update from Information Services Corp. Class A
[{"type":"text","content":"Plantro Ltd. Announces Extension of Tender Offer to Acquire up to 15% of Class A Limited Voting Shares of Information Services CorporationTender Offer Extended Until 5:00pm Eastern Time on May 5, 2025\n\n\n\n BRIDGETOWN, Barbados, April 28, 2025 (GLOBE NEWSWIRE) -- Plantro Ltd. (“\n \n Plantro\n \n ”) today announced that it is extending its ongoing all-cash tender offer (the “\n \n Tender Offer\n \n ”) to acquire up to 2,777,242 class A limited voting shares (the “\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 ”).\n \n\n Pursuant to the extension, the terms of which are set out in a notice of variation and extension dated April 28, 2025 (the “\n \n Notice of Variation and Extension\n \n ”), Plantro has extended the expiry date of the Tender Offer to 5:00pm (Eastern Time) on May 5, 2025, unless further varied, extended, or withdrawn in accordance with the terms of the Tender Offer (the “\n \n Expiry Time\n \n ”).\n \n\n Shareholders of ISC who have already validly deposited and not withdrawn their Class A Shares are not required to take any further action to accept the Tender Offer. No Class A Shares will be taken up and paid for by Plantro pursuant to the Tender Offer until after the Expiry Time.\n \n\n All other terms of the Tender Offer remain unchanged. Details of the Tender Offer, including instructions for tendering Class A Shares, are included in the amended and restated offer dated April 14, 2025 (the “\n \n Offer Document\n \n ”), as amended by the Notice of Variation and Extension (the Notice of Variation and Extension together with the Offer Document and the amended and restated letter of transmittal dated April 14, 2025, the “\n \n Offer Documents\n \n ”). The Notice of Variation and Extension will be filed and made available on ISC’s SEDAR+ profile at\n \n www.sedarplus.ca\n \n . Shareholders of ISC should carefully read the Offer Documents prior to making a decision with respect to the Tender Offer.\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 s...