Exchange Bulletin

CPI Card Group Inc. (PNT) To Trade On Toronto Stock Exchange


October 15, 2015

CPI Card Group Inc. - Further to Toronto Stock Exchange (“TSX”) Bulletins 2015-1042 dated October 6, 2015 and 2015-1055 dated October 9, 2015, an application has been granted for the original listing in the Industrial category of 61,004,116 shares of common stock (the “Shares”) of CPI Card Group Inc. (the “Company”), of which 56,476,116 will be issued and outstanding and 4,528,000 will be reserved for issuance upon completion of an initial public offering (the “Offering”).

Listing of the Shares will become effective at 5:01 p.m. on Wednesday, October 14, 2015 in anticipation of the Offering closing prior to the opening of business on Thursday, October 15, 2015. The Shares will be posted for trading at the opening of business on Thursday, October 15, 2015 upon confirmation of the closing of the Offering.

The Shares commenced trading on TSX on an “if, as and when issued” basis at the opening of business on Friday, October 9, 2015. Subject to the closing of the Offering occurring as scheduled prior to the opening of business on Thursday, October 15, 2015, trading on an “if, as and when issued” basis will conclude at the close of business on Wednesday, October 14, 2015, unless the Offering closing has been delayed.

 

Stock Symbol: "PNT" CUSIP: 12634H 10 1 Currency: CDN$

 

Temporary Market Maker: Questrade Inc.
Other Markets: The Shares are listed on the NASDAQ Global Select Market under the symbol “PMTS”.

Additional information on the Shares may be found in the supplemented PREP Prospectus dated October 8, 2015 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.

Head Office Address: 10368 West Centennial Road
Littleton, CO
80127 USA
Email Address: investorrelations@cpicardgroup.com
Website: www.cpicardgroup.com
Head Office Telephone Number: (303) 973-9311
Fax Number: (303) 973-8420
Investor Relations: Steven Montross
Tel.: (303) 973-9311
Email: smontross@cpicardgroup.com
Incorporation: The Company was formed as “CPI Holdings I, Inc.” under the laws of Delaware, United States on June 4, 2007. The Company changed its name to “CPI Card Group Inc.” in August 2015
Fiscal Year End: December 31
Sponsorship: Not applicable
Chief Financial Officer & Corporate Secretary: David Brush
Nature of Business: The Company is a provider of comprehensive Financial Payment Card solutions in North America where Financial Payment Cards are defined as credit, debit and Prepaid Debit Cards issued on the networks of Visa, MasterCard, American Express, Discover and Interac (in Canada).
Transfer Agent & Registrar: Wells Fargo Bank, N.A. in the United States and Equity Financial Trust Company in Canada from its principal offices in Toronto.
Dividends: Following completion of the Offering, and beginning in the first quarter of 2016, the Company anticipates paying quarterly cash dividends on the Shares in an initial amount of approximately $0.05 per Share subject to the sole discretion of the board of directors of the Company.
Initial Public Offering: Pursuant to the terms of the Prospectus, the Company is offering 15,000,000 Shares at a price of US$10 per Share (the “Offering Price”). The Shares are being offered in Canada by BMO Nesbitt Burns Inc., Goldman Sachs Canada Inc., CIBC World Markets Inc., Raymond James Ltd., Scotia Capital Inc. and GMP Securities L.P. (the “Canadian Underwriters”) and in the United States by BMO Capital Markets Corp., Goldman, Sachs & Co., CIBC World Markets Corp., Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C., Raymond James & Associates, Inc., Scotia Capital (USA) Inc. and Griffiths McBurney Corp. (together with the Canadian Underwriters, the “Underwriters”)

In addition, the Selling Stockholders have granted the Underwriters an option exercisable for a 30-day period following the Closing Date to purchase up to an additional 2,250,000 Shares at the Offering Price.