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PREMIUM BRANDS HOLDINGS CORPORATION ANNOUNCES ENTRY INTO AUTOMATIC SHARE PURCHASE PLAN
PREMIUM BRANDS HOLDINGS CORPORATION ANNOUNCES ENTRY INTO AUTOMATIC SHARE PURCHASE PLAN ...
About this update from Premium Brands Holdings Corporation
[{"type":"text","content":"\n \n \n \n PREMIUM BRANDS HOLDINGS CORPORATION ANNOUNCES ENTRY INTO AUTOMATIC SHARE PURCHASE PLAN\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 VANCOUVER, BC\n \n \n ,\n \n \n Nov. 23, 2022\n \n \n /CNW/ - Premium Brands Holdings Corporation (TSX: PBH) (the \"\n \n Company\n \n \") announced today that it has established an automatic share purchase plan (\"\n \n ASPP\n \n \") in connection with its previously announced normal course issuer bid (\"\n \n NCIB\n \n \") to purchase for cancellation up to 2,239,887 of its common shares. The ASPP is intended to allow for the purchase of common shares under the NCIB at times when the Company would ordinarily not be permitted to purchase shares due to regulatory restrictions and customary self-imposed blackout periods.\n \n \n Pursuant to the ASPP, purchases will be made by the Company's designated broker based on pre-established purchasing parameters, without further instruction by the Company, in compliance with the rules of the Toronto Stock Exchange (\"\n \n TSX\n \n \"), applicable securities laws and the terms of the ASPP. The ASPP has been pre-cleared by the TSX and was implemented effective\n \n November 3, 2022\n \n .\n \n \n The NCIB commenced on\n \n July 26, 2022\n \n and will terminate on\n \n July 25, 2023\n \n , or on such earlier date as the Company completes the purchase of the maximum number of common shares permitted under the NCIB.\n \n \n All purchases made under the ASPP will be made on the open market through the facilities of the TSX and/or alternative Canadian trading platforms, in accordance with their policies, and will be included in computing the number of shares purchased under the NCIB. The price to be paid by the Company for its common shares will be the market price at the time of purchase. Any common shares purchased by the Company under the NCIB will be cancelled.\n \n \n \n About Premium Brands\n \n \n \n Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations ac...