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Exchange Bulletin

Roots Corporation (ROOT) To Trade On Toronto Stock Exchange


October 23, 2017
Issuer: Roots Corporation (the "Company")
Security: Common Shares (the "Shares")
Symbol(s): ROOT
Issue price per security: $12.00
Number of securities issued and outstanding: 41,980,500
Number of securities reserved for issuance: 7,208,856
Listing category: Industrial, Exempt
CUSIP: 776652 10 9
Trading currency: CDN$
Transaction: Initial public offering by way of Secondary Offering of Shares (the "Offering").
Listing date: October 24, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: October 25, 2017 (prior to the opening)
Posted for trading date: October 25, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: TBD
Security ownership registration: Non-certificated inventory
Investor relations: Jim Rudyk
(416) 640-4456
Email: jrudyk@roots.com
Incorporation: Canada Business Corporations Act
Fiscal year end: The fiscal financial year of the Company shall be the 52- or 53-week period ending the Saturday closest to the last day of January.
Nature of business: The Company is an iconic Canadian lifestyle brand with a rich heritage and portfolio of premium apparel, leather goods, accessories and footwear.
Transfer agent and registrar: Computershare Investor Services Inc. at its principal office in Toronto.
Dividends: The Company intends to retain any future earnings to fund the development and growth of their business and does not currently anticipate paying dividends on the Shares.
Sponsorship: Not applicable
Disclosure document: Prospectus dated October 18, 2017 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Disclosure document.
Initial public offering: 16,667,000 Shares of the Company are being distributed by way of a Secondary Offering to the public at a price of $12.00 per Share (the "Offering Price") by Searchlight Capital II PV, L.P., SC II TMK, L.P. and Searchlight TMK Co-Invest Partners, L.P. (the "Searchlight Selling Shareholders"), investments funds managed by Searchlight Capital Partners, L.P., and Don Michael Investments Inc., an entity indirectly controlled by the Company's founders, Michael Budman and Don Green and certain of their family members (the "Founders Selling Shareholder", and collectively with the Searchlight Selling Shareholders, the "Selling Shareholders"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 2,500,050 Shares from the Selling Shareholders at the Offering Price.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.