Monday, December 5 2022

TORONTO–(BUSINESS WIRE)–March 23, 2022–

Q4 Inc. (TSX: QFOR), a leading capital markets communications platform, today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s notice of intention to proceed normal course issuer bid (“NCIB”).

Under the OPRCNA program, the Company is authorized to buy back up to 2,519,889 of its ordinary shares, which represents 10% of the free float as of March 15, 2022. As of March 15, 2022, the Company had 39,625,596 ordinary shares issued and in circulation. and a public float of 25,198,894 ordinary shares. Purchases will be made through normal course purchases made through the facilities of the TSX and/or other Canadian trading systems, or through any other means authorized by the Securities Commission of Ontario or the Canadian Securities Administrators. Under the terms of the issuer bid, the Company may acquire, from time to time, up to 10,421 common shares per day (equivalent to 25% of 41,685 common shares, being the average daily trading volume on common shares of the Company for the period ended February 28, 2022), subject to certain exceptions, including bulk purchase exceptions. All shares purchased by the Company under the public buyback offer will be cancelled. Purchases may begin on March 25, 2022 and will end on the date the Company has purchased the maximum number of common shares under the issuer bid and March 24, 2023, whichever is earlier.

In deciding to establish the issuer bid, the Company believes that the market price of the common shares may not adequately reflect their value and that current market conditions provide the Company with opportunities to acquire common stock at attractive prices. In the Company’s view, having the option to repurchase common shares on an opportunistic basis could be an efficient use of its cash resources and could be in the best interest of the Company and its shareholders. This would both improve liquidity for shareholders seeking to sell and increase proportional interest for shareholders wishing to maintain their positions.

Purchases will be made by the Company in accordance with the requirements of the TSX and the price the Company will pay for such common shares will be the market price of such common shares at the time of acquisition, or such other price as may be authorized by the TSX.

Under the NCIB program, the Company has entered into an automatic repurchase plan with its designated broker to permit the purchase of its common shares during certain pre-determined blackout periods, subject to certain price and number parameters. shares. Outside of these pre-determined blackout periods, shares will be redeemed at management’s discretion, subject to applicable law.

About Q4 Inc.

Q4 Inc. (TSX: QFOR) is a leading capital markets communications platform that transforms the way publicly traded companies, investors and investment banks make decisions to discover, communicate and engage effectively . Q4’s end-to-end technology platform facilitates capital markets interactions through its IR website products, virtual event solutions, capital markets CRM, shareholder analytics tools and of the market. The company is a trusted partner to more than 2,600 public companies around the world, including many of the world’s most respected brands. Q4 is based in Toronto, with offices in New York and London. Learn more at q4inc.com.

Caution Regarding Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information can generally be identified by the use of forward-looking words such as “expect”, “continue”, “anticipate”, “intend”, “aim”, “plan”, “believe”. , “budget”, “estimate”, “expect”, “expect”, “close to”, “target” or their negative versions and similar expressions. Some of the specific forward-looking information contained in this press release includes, among other things, statements regarding future purchases of common stock under the Company’s NCIB program. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control and could cause actual results to differ materially from those disclosed. or implied by such forward-looking information. information search. These risks and uncertainties include, but are not limited to, those disclosed in the Company’s most recent Annual Information Form. All forward-looking information contained in this press release speaks as of the date of this press release. The Company does not undertake to update this forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties can be found in the Company’s filings with securities authorities, including its most recent Annual Information Form and MD&A. These filings are also available on the Company’s website at q4inc.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220321005261/en/

CONTACT: Investor Relations:

Sara Pearson,[email protected] enquiries:

Karen Greene, [email protected]

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: COMMUNICATIONS TECHNOLOGY SOFTWARE OTHER INTERNET COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS

SOURCE: Q4 INC.

Copyright BusinessWire 2022.

PUBLISHED: 03/23/2022 07:30/DISC: 03/23/2022 07:32

http://www.businesswire.com/news/home/20220321005261/en

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