UNC.PR.B United Corporations Limited

United-Connected Holdings Corp. ("United-Connected") announces that it acquired
a further 18,893 Common Shares of United Corporations Limited ("United")
(TSX:UNC)(TSX:UNC.PR.A)(TSX:UNC.PR.B)(TSX:UNC.PR.C), increasing its ownership
from 2,496,249 (20.47%) of the Common Shares to 2,515,142 (20.63%) of the Common
Shares. United-Connected has an informal understanding with other shareholders
of United under which they act in concert with respect to the voting of
securities of United held by them. The purchase increases the ownership of
United-Connected and these other shareholders from 8,251,108 (67.66%) of the
Common Shares to 8,270,001 (67.82%) of the Common Shares. The purchase was
effected through the facilities of the Toronto Stock Exchange for consideration
of $47.065 per share. The purchase, and United-Connected's holding of Common
Shares of United, are for investment purposes only. United-Connected may
purchase further Common Shares from time to time, if in its judgment the shares
represent a good investment in view of their price. United-Connected is relying
on the exemption from the formal bid requirements set forth in section 100 of
the Securities Act (Ontario). The normal course purchase exemption is available
as United-Connected's purchase of 18,893 Common Shares (together with other
purchases in the preceding 12 months) did not exceed 5% of the outstanding
Common Shares of United; there is an established market for the Common Shares;
and, the value of the consideration paid for the Common Shares will not exceed
the market price, plus reasonable brokerage fees or commissions actually paid.

United Corporations (TSX:UNC.PR.B)
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United Corporations (TSX:UNC.PR.B)
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De Dic 2023 a Dic 2024