Minic Investments Announces Execution of an Irrevocable Support and Voting Agreement in Connection with the Proposed Going-Private Transaction of Guardian Capital Group Limited.

Core Viewpoint - Minic Investments Limited has entered into an irrevocable support and voting agreement with Desjardins Group in connection with Guardian Capital Group Limited's proposed going-private transaction, which values Guardian's equity at approximately $1.67 billion [2][3]. Group 1: Transaction Details - Guardian Capital Group Limited has agreed to a transaction where all issued and outstanding Common and Class A shares will be purchased for cash consideration of $68.00 per share, except for shares held by specified Rollover Shareholders [2]. - The transaction is structured to include equity rollover agreements for certain shareholders, allowing them to exchange some of their shares for shares in a Desjardins entity [2]. Group 2: Voting Agreement - Minic, along with other Rollover Shareholders, has signed a Voting Agreement to support the transaction, committing to vote in favor of it at any special shareholder meetings [3]. - Under the Voting Agreement, Minic is restricted from supporting any alternative acquisition proposals and must vote against any competing actions that could hinder the transaction [4]. Group 3: Ownership and Future Actions - Prior to the Voting Agreement, Minic owned approximately 6,107,780 Guardian Shares, representing about 24.86% of the outstanding shares [6]. - Following the completion of the transaction, Minic will not hold any shares in Guardian and may evaluate its investment strategy based on market conditions if the transaction does not proceed [7].