AIM and TSX: DHX
HALIFAX, April 1 /CNW/ - DHX Media Ltd (AIM & TSX ticker: "DHX"), a
leading independent international producer and distributor of television
programming and interactive content, is pleased to announce that it has
entered into an automatic share purchase plan with GMP Securities L.P.,("GMP")
in order to facilitate repurchases of its common shares under its normal
course issuer bid as previously announced on March 19, 2009.
Under DHX's automatic share purchase plan, DHX's designated broker, GMP
Securities L.P., may repurchase shares under the normal course issuer bid at
any time including, without limitation when DHX would ordinarily not be
permitted to due to regulatory restrictions or self-imposed blackout periods.
Purchases will be made by GMP based on parameters prescribed by the TSX and
applicable Canadian securities laws and the terms of the parties' written
agreement. The automatic share purchase plan has been reviewed by the TSX and
is expected to be effective for the duration of the normal course issuer bid
which terminates on March 22, 2010.
About DHX Media Ltd.
DHX Media Ltd. is a leading international producer and distributor of
television programming and interactive content with an emphasis on children,
family and youth markets. DHX Media Ltd. shares trade on AIM and are listed on
the TSX, the Toronto Stock Exchange. DHX Media's production companies, Decode
Entertainment, Halifax Film and Studio B Productions, are the producers or
co-producers of 14 original television series and theatrical releases
currently commissioned for production and maintain a growing library of over
2,200 half-hours of mostly children and youth-oriented television productions.
Certain statements herein may constitute forward-looking statements,
including those identified by the expressions "may", "will", "should",
"could", "anticipate", "believe", "plan", "estimate", "potential", "expect",
"intend" and similar expressions to the extent they relate to the Company or
its Management. These statements reflect the Company's current expectations
and are based on information currently available to Management. These
forward-looking statements are subject to a number of risks, uncertainties,
assumptions and other factors that could cause actual results or events to
differ materially from current expectations, including the matters discussed
under ''Risk Factors'' contained in the Company's prospectus dated May 12,
2006. These forward-looking statements are made as of the date hereof, and the
Company assumes no obligation to update or revise them to reflect new events
For further information:
For further information: DHX Media Ltd.: David A. Regan, EVP, Corporate
Development & IR, (902) 423-0260; AIM Nominated Advisors: Gerry Beaney; Troy
MacDonald, Grant Thornton UK LLP, +44 (0) 20 7383 5100