TORONTO and NEW
YORK, March 4, 2025 /CNW/ - This press release
is issued by Warburg Pincus LLC ("Warburg") on behalf of the funds and
investment vehicles managed by Warburg listed under Item 2.1 of the
accompanying early warning report (collectively, "Warburg
Entities"), to report the acquisition of 118,550 common shares
(the "Common Shares") of Docebo Inc. (NASDAQ: DCBO)
(TSX: DCBO) ("Docebo" or the "Company"), representing
approximately 0.39% of the issued and outstanding Common
Shares. The Common Shares pursuant to the acquisition were acquired
for $45.59 (US$31.38) per Common Share for an aggregate cash
consideration of approximately $5,404,694.50 (US$3,720,620.62).
Immediately prior to the acquisition, the Warburg Funds
beneficially owned or controlled 3,512,165 Common Shares,
representing approximately 11.62% of the issued and outstanding
Common Shares (on a non-diluted basis).
Immediately following the acquisition, the Warburg Entities
beneficially own or control 3,630,715 Common Shares, representing
approximately 12.01% of the issued and outstanding Common
Shares (on a non-diluted basis).
The Warburg Entities acquired the Common Shares in the ordinary
course of business for investment purposes. Depending on market
conditions, Warburg's view of
Docebo's prospects and other factors considered relevant by
Warburg, the Warburg Entities may,
from time to time, acquire additional Common Shares, dispose of
some or all of the existing Common Shares, or may continue to hold
the Common Shares.
This press release is issued pursuant to the requirements of
National Instruments 62-103 – The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues.
An early warning report with additional information
in respect of the foregoing matters will be filed and made
available on SEDAR+ under the Company's issuer profile at
www.sedarplus.com. To obtain copies of the early warning report,
please contact Insight Funds at the details below.
The address of Warburg Funds is c/o Warburg Pincus LLC, 450
Lexington Avenue, New York, NY,
10017.
SOURCE Warburg Pincus LLC
