Topicus.com Coöperatief U.A. and Topicus.com Inc. declare a special dividend
March 05 2024 - 4:00PM
Topicus.com Inc. (the “Company”) (TSXV: TOI), announced today the
declaration by its subsidiary Topicus.com Coöperatief U.A. (the
“Coop”, and together with the Company “Topicus”) of a special
dividend in the amount of €1.54 per ordinary unit (the “Coop
Dividend”). As a result of its ownership in the Coop, the Company
will receive approximately €127.6 million of the aggregate amount
of the Coop Dividend. As such, the Company has declared a €1.54 per
share special dividend payable on March 28, 2024, to all holders of
its subordinate voting shares and super voting share of record as
of the close of business on March 15, 2024 (the “Topicus
Dividend”). The Topicus Dividend has been designated as an eligible
dividend for the purposes of the Income Tax Act (Canada).
Robin van Poelje, the Chief Executive Officer of
the Company, commented, “Topicus is pleased to distribute a
one-time special dividend in the total amount of €200 million to
our shareholders. The board of Topicus has ensured sufficient
liquidity to pursue our ongoing strategy of organic growth combined
with strategic acquisitions.”
About Topicus.com Inc.
The Company’s subordinate voting shares are
listed on the Toronto Venture Stock Exchange under the symbol
“TOI”. Topicus acquires, manages and builds vertical market
software businesses.
For further information, contact:
Topicus.com Inc.Jamal Baksh, Chief Financial
OfficerTel: (416) 861-9677info@topicus.comwww.topicus.com
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