Business
TELUS Digital Reminds Shareholders to Vote IN FAVOUR of Arrangement with TELUS Corporation
TELUS Digital’s independent Special Committee unanimously recommends that shareholders vot...
About this update from Telus Corporation
[{"type":"text","content":"TELUS Digital Reminds Shareholders to Vote IN FAVOUR of Arrangement with TELUS Corporation\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n \n\n\n\n\n TELUS Digital’s independent Special Committee unanimously recommends that shareholders vote IN FAVOUR of the Arrangement\n \n\n\n\n Proxy voting deadline is October 23, 2025 at 9:00 a.m. (Vancouver time)\n \n\n\n\n Leading independent proxy advisory firms endorse the proposed Arrangement\n \n\n\n\n US$4.50 per share represents a compelling 52.0% premium over the unaffected price on June 11, 2025 and a 62.6% premium over the 30-day volume-weighted unaffected price prior to June 12, 2025, with multiple consideration options available to shareholders\n \n\n\n\n\n TELUS International (Cda) Inc. (“TELUS Digital”) (NYSE & TSX: TIXT) today issued an important reminder for shareholders to vote\n \n IN FAVOUR\n \n of the proposed arrangement with TELUS Corporation (“TELUS”) (TSX: T, NYSE: TU) (the “Arrangement”) under which TELUS will acquire all outstanding multiple voting shares and subordinate voting shares of TELUS Digital not already owned by TELUS for US$4.50 per share, reflecting aggregate consideration of US$539 million. The special meeting of shareholders is scheduled for October 27, 2025 (the “Special Meeting”).\n \n\n\n Key Voting Reminders for Shareholders as of the Record Date of September 12, 2025:\n \n\n\n\n\n Special Meeting Date and Time:\n \n October 27, 2025 at 9:00 a.m. (Vancouver time)\n \n\n\n How to Access:\n \n Virtual meeting at\n \n www.meetings.lumiconnect.com/400-570-171-578\n \n\n\n\n Proxy Voting Deadline:\n \n 9:00 a.m. (Vancouver time) on October 23, 2025\n \n\n\n\n Strong Support from Independent Proxy Advisors and Board\n \n\n\n Leading proxy advisory firms, including Institutional Shareholder Services Inc. (ISS), have recommended shareholders vote\n \n FOR\n \n the proposed Arrangement, providing independent validation that the transaction is fair to minority shareholders and in the best interests of TELUS Digital.\n \n\n As previously communicated, following an extensive independent review process, the special committee of independent directors of TELUS Digital (the “Special Committee”) unanimously determined that t...