Stocks in play: Lightspeed POS Inc.

Today announced the closing of the previously-announced new issue and secondary offering by its shareholders, namely Caisse de dépôt et placement du Québec, Investissement Québec and Inovia Capital (through entities controlled by them), of an aggregate of 7,717,650 subordinate voting shares at a purchase price of $37.30 per subordinate voting share for aggregate gross proceeds of $287.9 million to the Company and the Selling Shareholders, which includes the exercise in full by the underwriters of their over-allotment option to purchase up to 1,006,650 additional subordinate voting shares 4,695,000 subordinate voting shares were issued from treasury and sold by Lightspeed for aggregate gross proceeds of $175.1 million and an aggregate of 3,022,650 subordinate voting shares were sold by the Selling Shareholders for aggregate gross proceeds of $112.7 million. Lightspeed POS Inc. shares T.LSPD are trading down $1.76 at $32.93.

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