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CDPQ to Sell 2,884,615 Common Shares of WSP
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MONTRÉAL, May 15, 2024 (GLOBE NEWSWIRE) -- CDPQ announced today that it will sell 2,884,615 common shares ("Common Shares") of WSP Global Inc. (TSX:WSP) representing approximately 2.3% of the issued and outstanding Common Shares of WSP as of May 15, 2024 (the "Offering").
The Common Shares are being sold on an underwritten block trade basis at a gross price of $208.00 per share, which has been underwritten by National Bank Financial Inc. and CIBC Capital Markets (the "Underwriters").
CDPQ has also granted the Underwriters an option, exercisable at any time, in whole or in part, at the offering price until May 17, 2024, to purchase up to an additional 15% of the number of Common Shares purchased in connection with the Offering (the "Option").
CDPQ expects to ...