June 27, 2013
Information Services Corporation (ISC or the Company) and Crown Investments Corporation of Saskatchewan (CIC or the Selling Shareholder) announces that ISC has filed a final prospectus dated June 27, 2013 with respect to an initial public offering (the Offering) by way of secondary offering of Class A Limited Voting Shares (Class A Shares) with the securities regulatory authorities of all provinces and territories in Canada and ISC and CIC have entered into an underwriting agreement for the sale by CIC of 10,500,000 Class A Shares at a price of C$14.00 per share (the Offering Price), for total gross proceeds of C$147 million.
The Toronto Stock Exchange (TSX) has conditionally approved the listing of the Class A Shares, subject to ISC fulfilling all of the customary TSX requirements. Trading of the Class A Shares under the symbol “ISV” is expected to commence on the closing date, on or about July 9, 2013 (the Closing Date). The closing is subject to customary closing conditions. ISC has granted the underwriters an Over-Allotment Option, for a period of 30 days from the Closing Date, to purchase up to an additional 1,575,000 Class A Shares at the Offering Price (the Additional Shares).
ISC will not receive any proceeds from the Offering. A copy of the final prospectus will be available on SEDAR at www.sedar.com by searching Information Services Corporation.
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