Exchange Bulletin
MAV Beauty Brands Inc. (MAV) To Trade On Toronto Stock Exchange
July 6, 2018
| Issuer: | MAV Beauty Brands Inc. (the "Company") |
| Security: | Common shares ("Shares") |
| Symbol: | MAV |
| Issue price per security: | $14.00 |
| Number of securities issued and outstanding: | 37,577,169 |
| Number of securities reserved for issuance: | 7,253,517 |
| Listing category: | Industrial |
| Trading currency: | CAD |
| Transaction: | Initial public offering of Shares (the "Offering") |
| Listing date: | July 9, 2018 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | July 10, 2018 (prior to the opening) (the "Closing Date") |
| Posted for trading date: | July 10, 2018 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Temporary market maker: | TD Securities Inc. |
| Security ownership registration: | Non-Certificated Inventory System of CDS |
| Investor relations: | Chris Doyle Chief Financial Officer (905)530-2500 Ext. 232 chris.doyle@marcanthony.com |
| Incorporation: | The Company was incorporated under the British Columbia Business Corporations Act ("BCBCA") on September 7, 2016. As part of the Pre-Closing Capital Changes, the Company will amalgamate with certain of its Canadian subsidiaries by way of a short form vertical amalgamation under the BCBCA. |
| Fiscal year end: | December 31 |
| Nature of business: | The Company is a personal care company consisting of the following personal care brands: Marc Anthony True Professional, Renpure, and Cake Beauty. The Company's products include a wide variety of hair care, body care and beauty products. |
| Transfer agent and registrar: | TSX Trust Company at its principal offices in Toronto. |
| Dividends: | The Company intends to retain any future earnings to pay down debt and/or fund the development and growth of their business and do not currently anticipate paying dividends on the Shares in the near-term. |
| Sponsorship: | Not applicable |
| Disclosure document: | Prospectus dated June 28, 2018 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure document. |
| Initial public offering: | The Offering consists of 9,000,000 Shares from treasury and a secondary offering of 8,267,000, at a price of $14.00 per Share. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange |