TORONTO, April 11,
2023 /CNW/ - Canaccord Genuity Group Inc. (TSX: CF)
(the "Company" or "Canaccord Genuity") announced today that it has
received the exemptive relief sought from the British Columbia
Securities Commission and Ontario Securities Commission to extend
the period within which the Company was required to prepare and
send a directors' circular (the "Directors' Circular") responding
to the take-over bid made by certain members of the Company's
management team (the "Management Group") to acquire all of the
common shares of the Company not already owned by the Management
Group at a price of $11.25 per share.
The Directors' Circular has been filed and sent in accordance
with the exemptive relief.
ABOUT CANACCORD GENUITY GROUP
INC.
Through its principal subsidiaries, Canaccord Genuity Group Inc.
(the "Company") is a leading independent, full-service financial
services firm, with operations in two principal segments of the
securities industry: wealth management and capital markets. Since
its establishment in 1950, the Company has been driven by an
unwavering commitment to building lasting client relationships. We
achieve this by generating value for our individual, institutional
and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services. The Company has
wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of
Man and Australia. The Company's
international capital markets division operates in North America, UK & Europe, Asia,
Australia, and the Middle East.
Canaccord Genuity Group Inc. is publicly traded under the symbol
CF on the TSX.
SOURCE Canaccord Genuity Group Inc.