TORONTO, Aug. 14,
2023 /CNW/ - Dye & Durham Limited ("Dye &
Durham" or the "Company") (TSX: DND) announced today
that, in connection with the Company's ongoing substantial issuer
bid (the "Offer"), the Ontario Securities Commission (the
"OSC") has granted an exemptive relief order permitting Dye
& Durham to extend the Offer, if it determines to do so,
without first taking up any 3.75% convertible senior unsecured
debentures due March 1, 2026 (the
"Debentures") previously deposited.
The Company does not anticipate extending the Offer, and the
expiration of the Offer remains 5:00 PM
(Eastern Time) on August 30,
2023. In the event the Offer is extended, the Company will
provide a further news release announcing such extension.
Please refer to Dye & Durham's press release dated
July 26, 2023 for further details
regarding the Offer. Details of the Offer, including instructions
for tendering Debentures, are also included in the formal offer to
purchase and issuer bid circular, letter of transmittal and notice
of guaranteed delivery (collectively, the "Offer
Documents"), filed by Dye & Durham with the applicable
securities regulators and available under Dye & Durham's SEDAR
profile at www.sedar.com.
This news release is for informational purposes only and is not
intended to and does not constitute an offer to purchase or the
solicitation of an offer to sell Debentures. The solicitation and
the Offer are only being made pursuant to the Offer Documents filed
with securities regulatory authorities. DEBENTUREHOLDERS ARE
STRONGLY URGED TO CAREFULLY READ THE OFFER DOCUMENTS AND RELATED
DOCUMENTS FILED WITH SECURITIES REGULATORY AUTHORITIES, AS THEY MAY
BE AMENDED FROM TIME TO TIME, BECAUSE THEY CONTAIN IMPORTANT
INFORMATION.
FORWARD LOOKING
INFORMATION
This press release may contain forward-looking information
within the meaning of applicable securities laws, which reflects
Dye & Durham's current expectations regarding future events,
including regarding the timing and completion of the Offer. In some
cases, but not necessarily in all cases, forward-looking statements
can be identified by the use of forward looking terminology such as
"plans", "targets", "expects" or "does not expect", "is expected",
"an opportunity exists", "is positioned", "estimates", "intends",
"assumes", "anticipates" or "does not anticipate" or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might", "will" or "will
be taken", "occur" or "be achieved". In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances contain forward-looking
statements.
Forward-looking statements are not historical facts, nor
guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
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 Dye & Durham's control, which could cause
actual results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to, the
factors discussed under "Risk Factors" in Dye & Durham's most
recent annual information form. Dye & Durham does not undertake
any obligation to update such forward-looking information, whether
as a result of new information, future events or otherwise, except
as expressly required by applicable law.
ABOUT DYE & DURHAM
LIMITED
Dye & Durham Limited provides premier practice management
solutions empowering legal professionals every day, delivers vital
data insights to support critical corporate transactions and
enables the essential payments infrastructure trusted by government
and financial institutions. The company has operations in
Canada, the United Kingdom, Ireland, Australia and South
Africa.
Additional information can be found at www.dyedurham.com.
SOURCE Dye & Durham Limited