Press Releases

TORONTO, ONTARIO – (August 11, 2022) – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC“) announced today that it has received approval from the Toronto Stock Exchange (the “TSX“) respecting the establishment of a normal course issuer bid (“NCIB“). Under the NCIB, PLC may, during the twelve-month period commencing August 17, 2022 and ending August 16, 2023 purchase up to 3,385,439 common shares (“Common Shares“) representing 10% of its public float of issued and outstanding Common Shares. As at August 8, 2022, there are 34,073,818 Common Shares issued and outstanding and 33,854,396 Common Shares estimated in the “public float”, calculated in accordance with TSX rules. All Common Shares purchased by PLC under the NCIB will be cancelled or transferred to and held

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, ONTARIO (September 3, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) is pleased to announce that it has completed its previously announced public offering of common shares (the “Common Shares“) with a syndicate of underwriters co-led by Scotiabank and National Bank Financial Inc., and including CIBC Capital Markets, Cormark Securities Inc., RBC Capital Markets, TD Securities Inc., Acumen Capital Finance Partners Limited, Stifel GMP and Paradigm Capital Inc., on a “bought deal” basis. A total of 4,081,000 Common Shares were issued at a price of C$36.40 per Common Share for total gross proceeds of approximately C$148.5 million (the “Offering“), which includes proceeds from

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, ONTARIO (August 16, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters“) co-led by Scotiabank and National Bank Financial Inc. pursuant to which the Underwriters have agreed to purchase 3,710,000 common shares (the “Common Shares“) at a price of $36.40 per Common Share, on a bought deal basis, for gross proceeds of approximately $135 million (the “Offering“). The Company also granted the Underwriters an option to purchase up to an additional 371,000 Common Shares on the same terms and conditions, exercisable at any time, in whole

TORONTO, ONTARIO–(May 21, 2021) – Park Lawn Corporation (TSX:PLC) ( “PLC”) announced today that the monthly dividend of $0.038 per share will be payable on June 15, 2021 to shareholders of record as at May 31, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount, if