DMD DIGITAL HEALTH CONNECTIONS GROUP INC. ("DMG.H")
BULLETIN TYPE: Delist
BULLETIN DATE: October 5, 2018
NEX Company
Further to the news releases of DMD Digital Health Connections Group Inc. (the "Company") dated August 22, August 23, August 28, September 19, September 24 and October 4, 2018, the common shares of the Company will be delisted from TSX Venture Exchange effective at the close of business on Tuesday, October 9, 2018.
The delisting of the Company's common shares results from the completion of a going private transaction of the Company by the way of an arrangement (the "Arrangement"). Under the terms of the Arrangement, 10653365 Canada Inc. (the "Purchaser"), a company controlled by insiders of the Company, acquired all of the issued and outstanding common shares of the Company by way of amalgamation for (i) $0.25 per common share in cash, or (ii) class B shares of the Purchaser. The class B shares are participating, redeemable, non-voting securities.
The arrangement was approved by the shareholders of the Company at the annual and special meeting of shareholders of September 19, 2018 and was approved by the Superior Court of Quebec on September 24, 2018.
For more information, please consult the Company's Management Proxy Circular dated August 27, 2018.
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