Illumin announces final results of substantial issuer bid

illumin Holdings announced the final results of its substantial issuer bid, which expired at 5:00 p.m. on August 30, 2023. Under the Offer, the Corporation has purchased for cancellation 4,593,200 of its common shares at a purchase price of C$2.65 per Share, for an aggregate purchase price of approximately C$12,171,980. Shares purchased under the Offer represent approximately 8.18% of the issued and outstanding Shares at the time that the Offer was commenced. Immediately following the completion of the Offer and having taken into account the cancellation of the Shares purchased pursuant to the Offer, 51,592,431 Shares are now issued and outstanding. Canaccord Genuity Corp. and Canaccord Genuity LLC acted as dealer managers for the Offer and TSX Trust Company acted as the depositary for the Offer. Any questions regarding the Offer may be directed to the dealer managers or the Depositary. Payment for the Shares accepted for purchase under the Offer will occur in accordance with the terms of the Offer and applicable law.