MONTREAL, Oct. 1, 2013 /CNW Telbec/ - On September 27, 2013, Manac Inc.
(the "Company") [TSX: MA] announced the closing of its initial public offering
("IPO") with a bought-deal placement of 4,761,905 subordinate voting
shares. As part of the IPO, the Caisse de dépôt et placement du Québec
(the "Caisse") acquired 575,000 subordinate voting shares at a price of $8.40 per
share, representing 12.07% of the Company's outstanding subordinate
Manac is a company located in Saint-Georges-de-Beauce, Québec and
designs, manufactures and distributes trailers for moving merchandise.
In addition to having a strong presence in Québec, Manac is active in
Ontario and the United States.
The Caisse may increase or decrease its interest in the Company based on
market conditions or other relevant factors.
This news release is issued in accordance with the early warning
requirements stipulated by securities regulation, which require that
investors, including the Caisse, issue and file a news release and a
report, when they acquire beneficial ownership of securities with
voting rights that would represent, with the securities they already
hold, 10% or more of the outstanding shares of the class.
In accordance with the Early Warning System, a copy of this news release
and the report will be filed with the applicable Canadian Securities
Administrators and will be available on SEDAR's website (www.sedar.com) and from the person referred to below.
SOURCE: Caisse de dépôt et placement du Québec
For further information:
Senior Director, Media and Public Relations