{"id":860417,"date":"2025-07-05T22:12:15","date_gmt":"2025-07-06T03:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/05\/plantro-ltd-announces-completion-of-its-tender-offer-for-shares-of-information-services-corporation\/"},"modified":"2025-07-05T22:12:15","modified_gmt":"2025-07-06T03:12:15","slug":"plantro-ltd-announces-completion-of-its-tender-offer-for-shares-of-information-services-corporation","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/07\/05\/plantro-ltd-announces-completion-of-its-tender-offer-for-shares-of-information-services-corporation\/","title":{"rendered":"Plantro Ltd. Announces Completion of its Tender Offer for Shares of Information Services Corporation"},"content":{"rendered":"<div>\n<section>\n<p>Article content<\/p>\n<p>ST. HELIER, Jersey, June 03, 2025 (GLOBE NEWSWIRE) \u2014 Plantro Ltd. (\u201c<strong>Plantro<\/strong>\u201d) today announced the completion of its all-cash tender offer (the \u201c<strong>Tender Offer<\/strong>\u201d) to acquire class A limited voting shares (\u201c<strong>Class A Shares<\/strong>\u201d) in the capital of Information Services Corporation (TSX: ISC) (\u201c<strong>ISC<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) at a price of $30 per Class A Share.<\/p>\n<\/section>\n<section data-aqa=\"identity-sign-in\" data-async id=\"article-block\">\n<header>\n<div>\n<p><img decoding=\"async\" alt=\"Financial Post\" height=\"37\" loading=\"lazy\" src=\"https:\/\/dcs-static.gprod.postmedia.digital\/19.0.3\/websites\/images\/identity\/logo-identity-fp.svg\" width=\"280\"><\/p>\n<div>\n<p>THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman, and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>SUBSCRIBE TO UNLOCK MORE ARTICLES<\/p>\n<p>Subscribe now to read the latest news in your city and across Canada.<\/p>\n<ul>\n<li>Exclusive articles from Barbara Shecter, Joe O&#8217;Connor, Gabriel Friedman and others.<\/li>\n<li>Daily content from Financial Times, the world&#8217;s leading global business publication.<\/li>\n<li>Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.<\/li>\n<li>National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.<\/li>\n<li>Daily puzzles, including the New York Times Crossword.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>REGISTER \/ SIGN IN TO UNLOCK MORE ARTICLES<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account.<\/li>\n<li>Share your thoughts and join the conversation in the comments.<\/li>\n<li>Enjoy additional articles per month.<\/li>\n<li>Get email updates from your favourite authors.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.<\/p>\n<p>Create an account or sign in to continue with your reading experience.<\/p>\n<ul>\n<li>Access articles from across Canada with one account<\/li>\n<li>Share your thoughts and join the conversation in the comments<\/li>\n<li>Enjoy additional articles per month<\/li>\n<li>Get email updates from your favourite authors<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/header>\n<div data-auth-component id=\"auth-screen-form\" aria-live=\"assertive\">\n<h2>Sign In or Create an Account<\/h2>\n<p><span><\/span><span>or<\/span><span><\/span><\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>In connection with the completion of the Tender Offer, Plantro will take up and pay for Class A Shares that have been validly tendered and not withdrawn within three business days. Following the take up and payment for such Class A Shares, Plantro will own a total of 580,863 Class A Shares, representing approximately 3.13% of the Company\u2019s issued and outstanding Class A Shares.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Payment for the purchased Class A Shares will be effected by Odyssey Trust Company, the depositary for the Tender Offer, in accordance with the Tender Offer and applicable law. Shareholders of ISC who have validly deposited and not withdrawn their Class A Shares are not required to take any further action to accept the Tender Offer.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<div aria-labelledby=\"FinancialPostTopStories5433001117556826723880344987107328\" data-account-id=\"b9d3df2fccd108b5eff3c44f573b2cd6\" data-aqa=\"widget-newsletter\" data-newsletter=\"single\" data-newsletter-component data-target-list=\"FP_HeadlineNews\" data-widget=\"newsletter\">\n<p>By signing up you consent to receive the above newsletter from Postmedia Network Inc.<\/p>\n<\/div>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>Plantro is pleased to have provided participating ISC shareholders an opportunity to receive liquidity and certainty of value for their Class A Shares. Plantro intends to remain an engaged shareholder, hold the ISC board of directors to account, and to continue to take actions to unlock value for the benefit of all shareholders.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>About Plantro<br \/><\/strong>Plantro is a privately held company, with an established track record of making successful investments in undervalued and high quality legal, financial, and information services businesses.<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>Shareholder Questions<br \/><\/strong>Shareholders of ISC who have questions with respect to the completed Tender Offer, please contact the depositary or the information agent for the Tender Offer at the contact details below:<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p data-async><strong>Depositary: Odyssey Trust Company<\/strong><br \/>Toll Free (US &#038; Canada): 1-888-290-1175<br \/>Calls (All Regions): 587-885-0960<br \/>Email: <a data-evt-val=\"{\"control_fields\": {\"mparticle\": {\"keys\": {\"click_source_type\": \"click_source_type\", \"anchor_text\": \"anchor_text\", \"target_url\": \"target_url\", \"layout_section\": \"layout_section\"}, \"mp_event_type\": \"Navigation\", \"extra_keys\": [\"click_vertical_position_percentage\", \"click_vertical_position_pixels\"]}}, \"click_source_type\": \"in-page link\", \"anchor_text\": \"<span \n                data-original-string='PtmBHOSP9io39UqFW4ea0w==7f4MLnx4H6wE84BlJ0Yqmvfl67P0fh1cqtW70Y\/KVjoTYk='\n                class='apbct-email-encoder'\n                title='This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.'>co<span class=\"apbct-blur\">**********<\/span>@<span class=\"apbct-blur\">**********<\/span>st.com<\/span>&#8220;, &#8220;target_url&#8221;: &#8220;https:\/\/www.globenewswire.com\/Tracker?data=dRpLZhD5ZHn85n4Uu0YEftXEqaq7Wb-7rEQKB07hK9IWsNZpXiD-qJlEdZuBPHRnbaSC-VPEGmctcgjl6gftWVx4ndlxMC_COfpaiajc5hm9jbo9ZrjcQxM2qTNwvwPZ&#8221;, &#8220;layout_section&#8221;: &#8220;in-page-link&#8221;}&#8221; href=&#8221;https:\/\/www.globenewswire.com\/Tracker?data=dRpLZhD5ZHn85n4Uu0YEftXEqaq7Wb-7rEQKB07hK9IWsNZpXiD-qJlEdZuBPHRnbaSC-VPEGmctcgjl6gftWVx4ndlxMC_COfpaiajc5hm9jbo9ZrjcQxM2qTNwvwPZ&#8221; rel=&#8221;nofollow noopener noreferrer&#8221; data-evt=&#8221;click&#8221; data-evt-typ=&#8221;click&#8221; target=&#8221;_blank&#8221;><span \n                data-original-string='fMKjlZWDnQfToLxq8OvibA==7f4I3C7xyoqQ2kf0MuhdJ2pAbE01FDYrFcQ1Bc7wI6aU\/0='\n                class='apbct-email-encoder'\n                title='This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.'>co<span class=\"apbct-blur\">**********<\/span>@<span class=\"apbct-blur\">**********<\/span>st.com<\/span><\/a><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p data-async><strong>Information Agent: Carson Proxy<\/strong><br \/>North America Toll Free: 1-800-530-5189<br \/>Local and Text: 416-751-2066<br \/>Email: <a data-evt-val=\"{\"control_fields\": {\"mparticle\": {\"keys\": {\"click_source_type\": \"click_source_type\", \"anchor_text\": \"anchor_text\", \"target_url\": \"target_url\", \"layout_section\": \"layout_section\"}, \"mp_event_type\": \"Navigation\", \"extra_keys\": [\"click_vertical_position_percentage\", \"click_vertical_position_pixels\"]}}, \"click_source_type\": \"in-page link\", \"anchor_text\": \"<span \n                data-original-string='3+ZX2UffK0ai7ybTn\/R7aw==7f4QqK1tOHb40y1+2qDYvheonSXrfoOtN7C5C2cHwS1mPY='\n                class='apbct-email-encoder'\n                title='This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.'>in<span class=\"apbct-blur\">**<\/span>@<span class=\"apbct-blur\">*********<\/span>xy.com<\/span>&#8220;, &#8220;target_url&#8221;: &#8220;https:\/\/www.globenewswire.com\/Tracker?data=nirx-6QPCM7Lds3fKzTw6VMh_VmX8dc1-iIrx93InmfbBJ1MwNutHISe4bbcf47aJ5MqP7VZRgkHz9VfTOtx3ZvKwdppIma60pJnEfi4QNM=&#8221;, &#8220;layout_section&#8221;: &#8220;in-page-link&#8221;}&#8221; href=&#8221;https:\/\/www.globenewswire.com\/Tracker?data=nirx-6QPCM7Lds3fKzTw6VMh_VmX8dc1-iIrx93InmfbBJ1MwNutHISe4bbcf47aJ5MqP7VZRgkHz9VfTOtx3ZvKwdppIma60pJnEfi4QNM=&#8221; rel=&#8221;nofollow noopener noreferrer&#8221; data-evt=&#8221;click&#8221; data-evt-typ=&#8221;click&#8221; target=&#8221;_blank&#8221;><span \n                data-original-string='JntjK9ZhcW0P0k8vWkvcIg==7f4n+Ga0ijO2cOJFqAF\/hbBNRNr6iXurmOX7sWbRHC\/xok='\n                class='apbct-email-encoder'\n                title='This contact has been encoded by Anti-Spam by CleanTalk. Click to decode. To finish the decoding make sure that JavaScript is enabled in your browser.'>in<span class=\"apbct-blur\">**<\/span>@<span class=\"apbct-blur\">*********<\/span>xy.com<\/span><\/a><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p><strong>Cautionary Statement Regarding Forward-Looking Information<\/strong><\/p>\n<\/section>\n<section>\n<p>Article content<\/p>\n<p>This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects Plantro\u2019s current expectations regarding future events. Specifically, certain statements contained in this press release, including without limitation statements regarding the Tender Offer, and taking up and paying for Class A Shares deposited under the Tender Offer, contain \u201cforward-looking information\u201d and are prospective in nature. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as \u201cplans\u201d, \u201ctargets\u201d, \u201cexpects\u201d or \u201cdoes not expect\u201d, \u201cis expected\u201d, \u201can opportunity exists\u201d, \u201cis positioned\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201cassumes\u201d, \u201canticipates\u201d or \u201cdoes not anticipate\u201d or \u201cbelieves\u201d, or variations of such words and phrases or state that certain actions, events or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d, \u201cwill\u201d or \u201cwill be taken\u201d, \u201coccur\u201d or \u201cbe achieved\u201d. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements.<\/p>\n<\/section>\n<\/div>\n<p><a href=\"https:\/\/financialpost.com\/globe-newswire\/plantro-ltd-announces-completion-of-its-tender-offer-for-shares-of-information-services-corporation\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article content ST. HELIER, Jersey, June 03, 2025 (GLOBE NEWSWIRE) \u2014 Plantro Ltd. (\u201cPlantro\u201d) today announced the completion of its all-cash tender offer (the \u201cTender Offer\u201d) to acquire class A limited voting shares (\u201cClass A Shares\u201d) in the capital of Information Services Corporation (TSX: ISC) (\u201cISC\u201d or the \u201cCompany\u201d) at a price of $30 per<\/p>\n","protected":false},"author":1,"featured_media":860418,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[551,145100],"tags":[6410,145099],"class_list":{"0":"post-860417","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-announces","8":"category-plantro","9":"tag-announces","10":"tag-plantro"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/860417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=860417"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/860417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/860418"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=860417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=860417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=860417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}