Montréal, April 27, 2018 – On June 13, 2018, the Fonds de solidarité FTQ acquired on the Toronto Stock Exchange, 106,400 common shares (“Common Shares”) of Mediagrif Interactive Technologies Inc. (the “Company”) at a price of $10.50 per share, for a total consideration of $1,117,200.00.
Prior to the acquisition, the Fonds de solidarité FTQ beneficially owned 1,537,771 Common Shares, which represented approximately 10.36% of the outstanding shares of the Company.
Following the acquisition, the Fonds de solidarité FTQ beneficially owns 1,644,171 Common Shares, representing approximately 11.07% of the outstanding shares of the Company.
The Common Shares will be held for investment purposes. The Fonds de solidarité FTQ will evaluate its investment from time to time and may increase or decrease its beneficial ownership as circumstances require.
An early warning report will be filed on the Company’s SEDAR profile at www.sedar.com. To request a copy of the early warning report, contact Liette Leduc at 514 850-4850. The Company’s head office is located at 255-1111 St-Charles St. West, East Tower, Longueuil, Québec J4K 5G4.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ is a capital development fund that channels the savings of Quebecers into investments. With $13.7 billion in net assets as at November 30, 2017, the Fonds has helped create and maintain over 186,440 jobs. The Fonds has more than 2,700 partner companies and over 645,000 shareholder-savers. For more information, visit fondsftq.com.