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MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA
MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA Canada NewsWire TORONTO ...
About this update from Aimia Inc.
MITHAQ ACQUIRES ADDITIONAL COMMON SHARES OF AIMIA /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire TORONTO , May 25, 2023 /CNW/ - Mithaq Capital SPC (" Mithaq " ) announced today that it has acquired 9,234,500 common shares (" Common Shares ") of Aimia  Inc. (" Aimia ") for an aggregate purchase price of $37,399,725 , or $4.05 per share, pursuant to private agreements with certain third parties. Immediately prior to this acquisition, Mithaq had ownership of, or exercised control or direction over, 16,824,500 Common Shares, representing approximately 19.99% of the issued and outstanding Common Shares. Following completion of this acquisition, Mithaq has ownership of, or exercises control or direction over, 26,059,000 Common Shares, representing approximately 30.96% of the issued and outstanding Common Shares. The Common Shares were acquired by way of private agreements with five or fewer third parties at a price per share not exceeding 115% of the market price of the Common Shares and in compliance with the "private agreement exemption" under section 4.2(1) of National Instrument 62-104 – Take-Over Bids and Issuer Bids . Early Warning Disclosure This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues , which requires a report to be filed under Aimia's profile on SEDAR ( www.sedar.com ) containing additional information respecting the foregoing matters. Aimia's head office address is 176 Yonge Street, 6th Floor, Toronto, Ontario M5C 2L7. Mithaq holds the Common Shares for investment purposes. Mithaq will continue to review the performance and prospects for this investment and investment alternatives. As part of the ongoing review of its investment in Aimia, Mithaq may explore from time to time a variety of alternatives it deems appropriate, including (i) increasing or decreasing its position in Aimia through, among other things, the acquisition or disposition of securities of Aimia through the open market or in privately negotiated transactions or otherwise, (ii) entering into transactions that increase or hedge...