Exchange Bulletin
Lightspeed POS Inc. (LSPD) To Trade On Toronto Stock Exchange
March 13, 2019
Issuer: Lightspeed POS Inc. (the "Company")
| Security: | Subordinate voting shares (the "Subordinate Voting Shares") |
| Symbol: | LSPD |
| Issue price per security: | $16.00 |
| Number of securities issued and outstanding: | 67,684,451 |
| Number of securities reserved for issuance: | 26,337,210 |
| Listing category: | Industrial |
| Trading currency: | CDN $ |
| Transaction: | Initial public offering of Subordinate Voting Shares (the "Offering") |
| Listing date: | March 14, 2019 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | March 15, 2019 (prior to the opening) |
| Posted for trading date: | March 15, 2019 (at the opening) subject to confirmation of closing of the Offering |
| End of trading on an "if, as and when issued" basis: | The Subordinate Voting Shares commenced trading on TSX on an "if, as and when issued" basis on Friday, March 8, 2019. Subject to the closing of the Offering occurring as scheduled prior to the opening of business on Friday, March 15, 2019, trading on an "if, as and when issued" basis will conclude at the close of business on Thursday, March 14, 2019, unless the Offering closing has been delayed. |
| Other market(s): | None |
| Temporary market maker: | Independent Trading Group (ITG) Canada |
| Security ownership registration: | Uncertificated Issue – Non Certificated Inventory |
| Investor relations: | Daniel Micak (416) 917-6558 Email: dan.micak@lightspeedhq.com Brandon Nussey (519) 498-1433 Email: brandon.nussey@lightspeedhq.com |
| Incorporation: | Canada Business Corporations Act |
| Fiscal year end: | March 31 |
| Nature of business: | The Company provides an easy-to-use, omni-channel commerce-enabling SaaS platform. This software platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments and grow their business. |
| Transfer agent and registrar: | AST Trust Company (Canada) at its principal office in Montréal |
| Dividends: | The Company does not currently anticipate paying dividends on the Subordinate Voting Shares. |
| Sponsorship: | Waived |
| Disclosure document: | Supplemented PREP prospectus dated March 7, 2019 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 will be comprised of a treasury offering by the Company of 15,000,000 Subordinate Voting Shares at an offering price of $16.00 per share (the "Offering Price"), for total gross proceeds of $240,000,000. In addition, the Company has granted the Underwriters an over-allotment option pursuant to which the Underwriters may purchase up to 2,250,000 additional Subordinate Voting Shares at the Offering Price. |
| TSX contact: | Chris Birkett, Director, Toronto Stock Exchange |
