Business
STANLEY MA UPDATES EARLY WARNING REPORT
STANLEY MA UPDATES EARLY WARNING REPORT Canada NewsWire MONTREAL , ...
About this update from Mty Food Group Inc.
[{"type":"text","content":"\n \n \n \n STANLEY MA UPDATES 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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n July 17, 2023\n \n \n /CNW/ - Mr.\n \n Stanley Ma\n \n , the Founder and President and Chairman of the Board of MTY Food Group Inc. (\"\n \n MTY\n \n \"), has filed today an early warning report with respect to his shareholdings in MTY for the distribution of 465,000 common shares of MTY (\"\n \n Common\n \n \n Shares\n \n \"), representing 1.90% of the issued and outstanding Common Shares. The common shares were sold through the facilities of the stock exchange, and may also be sold or transferred privately.\n \n \n On\n \n July 14, 2023\n \n , Mr. Ma completed the (i) sale of 100,000 Common Shares beneficially owned by Mr. Ma (representing 0.41% of the issued and outstanding Common Shares) through the facilities of the stock exchange, which were sold at a price of\n \n $63.47\n \n per share, (ii) sale of 225,000 shares Common Shares beneficially owned by 11625306 Canada Inc. (representing 0.92% of the issued and outstanding Common Shares) through the facilities of the stock exchange, which were sold at a price of\n \n $63.47\n \n per share, (iii) sale of 125,000 Common Shares beneficially owned by 3148785 Canada Inc. (representing 0.51% of the issued and outstanding Common Shares) through the facilities of the stock exchange, which were sold at a price of\n \n $63.47\n \n per share, and (iv) donation of 15,000 Common Shares beneficially owned by Mr. Ma (representing 0.06% of the issued and outstanding Common Shares) to the Philantra Foundation, a non-profit and charitable organization, representing in aggregate 465,000 Common Shares, or 1.90% of the issued and outstanding Common Shares as of\n \n July 14, 2023\n \n (collectively, the \"\n \n Transactions\n \n \").\n \n \n Immediately prior to the Transactions, Mr. Ma: (i) beneficially owned and controlled 463,131 Common Shares (representing 1.90% of the issued and outstanding Common Shares), (ii) controlled 446,500 Common Shares beneficially owned...