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Exchange Bulletin

AltaGas Canada Inc. (ACI) To Trade On Toronto Stock Exchange


October 23, 2018

Issuer:  AltaGas Canada Inc.

Security:

Common shares ("Shares")

Symbol(s):

ACI

Issue price per security:

$14.50

Number of securities issued and outstanding:

27,525,000

Number of securities reserved for issuance:

5,475,000

Listing category:

Industrial

Trading currency:

CDN$

Transaction:

Initial public offering of the Shares (the "Offering").

Listing date:

October 24, 2018 (as at 5:01 pm) in anticipation of closing of the Offering.

Anticipated closing date:

October 25, 2018 (prior to the opening)

Posted for trading date:

October 25, 2018 (at the opening) subject to confirmation of closing of the Offering.

Other market(s):

None

Temporary market maker:

W.D. Latimer Co. Ltd.

Security ownership registration:

Non-certificated inventory (NCI) system of CDS.

Investor relations:

Jared Green

(403) 691-7510

Email: jared.green@altagas.ca


Shaun Toivanen

(403) 691-7562

Email: shaun.toivanen@altagas.ca

Incorporation:

Canada Business Corporations Act

Fiscal year end:

December 31

Nature of business:

The Company owns natural gas distribution utility assets in British Columbia, Alberta, Nova Scotia and the Northwest Territories, along with interests in renewable power generation facilities.

Transfer agent and registrar:

Computershare Trust Company of Canada at its principal offices in Calgary and Toronto.

Dividends:

The Company expects to establish a dividend policy to pay an annual dividend initially in the amount of $0.95 per Share, payable on a quarterly basis.


Assuming the closing of the Offering on October 25, 2018, the first dividend payment of $0.1744 per Share is expected to be paid on or about December 31, 2018 to shareholders of record on November 30, 2018 (representing the dividend payable for the period from the closing of the Offering to December 31, 2018).

Sponsorship:

Not applicable.

Disclosure document:

Prospectus dated October 18, 2018 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.

Initial public offering:

16,500,000 Shares are being offered to the public from treasury at a price of $14.50 per Share (the "Offering Price"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 2,475,000 Shares.

TSX contact:

Chris Birkett, Director, Toronto Stock Exchange.