MONTRÉAL, Dec. 17, 2014 /CNW Telbec/ - GLV Inc. announced today that the change of its name to Ovivo Inc. ("Ovivo" or the "Corporation"), as approved by its shareholders at its Special Meeting on November 14, 2014, will be effective starting on December 18, 2014.
The name change follows the completion of the sale of the Pulp & Paper Division and reflects the Corporation's focus on water treatment products and solutions.
The Corporation's subordinate voting shares and multiple voting shares will remain trading on the Toronto Stock Exchange, and will trade under the new symbols OVI.A and OVI.B, respectively, beginning on such date. The new CUSIP numbers are 690481106 and 690481205, respectively.
Ovivo is a global company dedicated to water and wastewater treatment. It is offering comprehensive technological solutions, as well as services and equipment, tailored to specific client needs. Ovivo's business units operate in more than 18 countries and have approximately 1,000 employees. Ovivo Inc. is a public company whose shares trade on the Toronto Stock Exchange under the ticker symbols OVI.A and OVI.B.
Notice regarding forward-looking statements
Certain statements in this press release and other public communications regarding management's objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of applicable securities legislation. Forward-looking statements are recognized by the use of terms such as "forecast," "project," "could," "plan," "aim," "estimate" and other similar terms, possibly used in the future or conditional, particularly with regard to certain assumptions. The management of Ovivo would like to point out that forward looking statements involve a number of uncertainties and known and unknown risks such that the actual and future results of Ovivo could differ considerably from those stated. There can be no assurance as to the materialization of the results, performance or achievements as expressed in or underlying the forward-looking statements. The forward-looking statements included in this press release were made as of the date hereof, and unless required to do so pursuant to applicable securities legislation, management of Ovivo assumes no obligation to update them.
Information about the risk factors to which Ovivo Inc. is exposed is provided under Section 11, "Risks and Uncertainties" in the management's discussion and analysis for the fiscal year ended March 31, 2014 available on SEDAR (www.sedar.com) and the Corporation's website (www.ovivowater.com).
SOURCE: GLV Inc.
For further information: Marc Barbeau, President and Chief Executive Officer, Tel: + 1 514 284?2224; François Dufresne, Chief Financial Officer, Tel.: + 1 514 842?7236, firstname.lastname@example.org