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Equity financing

GROUPE DYNAMITE ANNOUNCES CLOSING OF SECONDARY OFFERING OF SUBORDINATE VOTING SHARES AND SHARE BUYBACK

Lane
Equity financing
Announced
27 Apr 2026
Province
Quebec
Industry
Unclassified
Status
Announced
What the filing says
Groupe Dynamite Inc. (" Groupe Dynamite " or the " Company ") (TSX: GRGD ) is pleased to announce the closing of the offering announced on April 20, 2026, consisting of 2,700,000 subordinate voting shares (the " Offered Shares ") offered by 4370368 Canada Inc., a company controlled by Mr. Andrew Lutfy, our Chief Executive Officer (the " Selling Shareholder ") at an offering price of $93.00 per Offered Share (the " Offering Price ") for aggregate gross proceeds to the Selling Shareholder of approximately $251 million (the " Offering ").
Terms stated
price per security
Source

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This transaction carries 1 stated term, with its value, unit and basis and the consideration.

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