Fair Market Value of Lumine Group Spin-Out Shares

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Feb 17, 2023

TORONTO, Feb. 16, 2023 (GLOBE NEWSWIRE) -- On February 6, 2023 Constellation Software Inc. (TSX:CSU, Financial) announced it had declared a special dividend (the “Dividend”), pursuant to which all common shareholders of record on February 16, 2023 (the “Record Date”) are entitled to receive, by way of a dividend-in-kind, 3.0003833 subordinate voting shares of Lumine Group Inc. (the “Spin-Out Shares”) for each common share of Constellation held. The payment date for the Dividend is expected to be on or about February 23, 2023. The common shares of Constellation commenced trading on an ex-dividend basis at the opening of markets on February 15, 2023.