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Exchange Bulletin

Dye & Durham Limited (DND) To Trade On Toronto Stock Exchange


July 15, 2020
Issuer: Dye & Durham Limited (the "Company")
Security: Common shares (the "Shares")
Symbol(s): DND
Issue price per security: $7.50
Number of securities issued and outstanding: 41,330,600
Number of securities reserved for issuance: 8,163,962
Listing category: Industrial, Non Exempt
Trading currency: CDN$
Transaction: Initial public offering (the "Offering").
Listing date: July 16, 2020 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: July 17, 2020 (prior to the opening)
Posted for trading date: July 17, 2020 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Temporary market maker: Citadel Securities Canada ULC
Security ownership registration: Non-certificated inventory
Investor relations: Matthew Proud
Chief Executive Officer
416-640-7100
Email: matthew.proud@dyedurham.com

-and-

Charlie Maccready
General Counsel
416-640-7100
Email: charlie.maccready@dyedurham.com 
Incorporation: Business Corporations Act (Ontario)
Fiscal year end: June 30
Nature of business: The Company is a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. The Company provides critical information services and workflow, which clients use to manage their process, information and regulatory requirements.
Transfer agent and registrar: Computershare Trust Company of Canada at its principal office in Toronto.
Dividends: Following completion of the Offering, the Company intends to pay an annual dividend on its Shares, initially at a rate of $0.075 per share. The declaration and payment of dividends on the Shares are at the sole discretion of the Board of Directors, but will be dependent upon the Company's results of operations, financial condition, cash requirements, and other relevant factors.
Sponsorship: Waived
Disclosure document: Prospectus dated July 13, 2020 which is available at www.SEDAR.com.
Initial public offering: A total of 20,000,000 Shares are being offered to the public, of which: (i) 17,000,000 Shares are being sold by the Company from treasury; and (ii) 3,000,000 Shares are being sold through a secondary offering by the Selling Shareholders at a price of $7.50 per share (the "Offering Price"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 3,000,000 Shares from treasury at the Offering Price.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange.