Montréal, December 29, 2017 – Under the terms of an arrangement approved by the shareholders of HNZ Group Inc. at a Special Meeting of Shareholders on December 19, 2017 and a final order issued by the Québec Superior Court, District of Montréal, on December 20, 2017, the Fonds de solidarité FTQ sold to 2075568 Alberta ULC all its common shares in HNZ Group Inc. (the “common shares”) (the “company”) at a price of $18.70 per shares, for a total consideration of $45,897,916.
Prior to the arrangement, the Fonds de solidarité FTQ beneficially held 2,454,434 common shares or 18.94% of the common shares outstanding.
An Early Warning report will be filed by HNZ Group on SEDAR (www.sedar.com). To obtain a copy of the report, contact Natacha Bernier at (514) 708-2923. The company’s head office is located at 1215 Montée Pilon, Les Cèdres, Québec, J7T 1G1.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ is a development capital investment fund that channels the savings of Quebecers into investments. As at May 31, 2017, the organization had $13.1 billion in net assets, and through its current portfolio of investments has helped create and protect 186,440 jobs. The Fonds is a partner in more than 2,700 companies and has 645,664 shareholder-savers. Please visit www.fondsftq.com for more information.
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Information for media representatives only:
Patrick McQuilken
Senior Advisor, Media Relations and Communications
Fonds de solidarité FTQ
Phone: 514 850-4835
Mobile: 514 703-5587
Email: pmcquilken@fondsftq.com