- TSX — WILD
HALIFAX, (June 22 2015) – DHX Media Ltd. (“DHX” or the “Company”) (NASDAQ: DHXM; TSX: DHX.A, DHX.B), a key player internationally in the creation of content for families and children, today announced that its variable voting shares have been approved for listing and trading on the NASDAQ Global Select Market (the “NASDAQ”) commencing at the start of trading on June 23, 2015, under the ticker symbol “DHXM”.
DHX’s variable voting shares and common voting shares will continue to be traded on the Toronto Stock Exchange under the tickers DHX.A and DHX.B, respectively.
“Listing on the NASDAQ represents a significant milestone in the continuing evolution of DHX Media,” said Dana Landry, Chief Executive Officer of DHX Media. “Many of our industry peers are listed on US exchanges and we believe launching on the NASDAQ will provide us with greater access to a wider range of investors, positioning the Company for future growth.”
The NASDAQ Global Select Market is NASDAQ’s top-tier trading platform, designed for public companies that meet the highest of quantitative and qualitative listing standards.
About DHX Media Ltd.
DHX Media Ltd. (www.dhxmedia.com), a key player internationally in the creation of content for families and children, is recognized globally for such brands as Yo Gabba Gabba!, Caillou, Teletubbies, In the Night Garden, Inspector Gadget, Johnny Test, Slugterra and the multiple award-winning Degrassi franchise. The Company is owner of the Family suite of channels, operated as DHX Television. DHX Media Ltd. markets and distributes its library of more than 11,000 half-hours of entertainment programming worldwide, and licenses its owned properties through its dedicated brand-management and consumer-products business, DHX Brands. DHX Media Ltd.’s full-service international licensing agency, Copyright Promotions Licensing Group Ltd. (CPLG), represents numerous entertainment, sport and design brands. With offices in 15 cities worldwide, including Toronto, Vancouver, Halifax, Los Angeles, London, Paris, Barcelona, Milan, Munich, Amsterdam and Beijing, DHX Media Ltd. is listed on the NASDAQ Global Select Market under the ticker symbol DHXM, and on the Toronto Stock Exchange under the ticker symbols DHX.A and DHX.B.
This press release contains forward looking statements with respect to DHX including management’s expectations regarding the Company’s growth, access to investors and investment in the Company’s share capital, and the Company’s business prospects and opportunities. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, such statements involve risks and uncertainties and are based on information currently available to the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations, among other things, include risk factors discussed in materials filed with applicable securities regulatory authorities from time to time including matters discussed under “Risk Factors” in the Company’s Annual Information Form for the year ended June 30, 2014, and annual Management Discussion and Analysis, which form part of the Company’s registration statement on Form 40-F filed with the United States Securities and Exchange Commission. These forward-looking statements are made as of the date hereof, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
For more information, please contact:
Joann Head – Manager, Investor Relations, DHX Media Ltd.
Shaun Smith – Director, Corporate Communications, DHX Media Ltd.
DHX MEDIA LTD. NASDAQ LISTING FAQ
When will DHX Media variable voting shares begin trading on the NASDAQ?
DHX Media variable voting shares will commence trading on the NASDAQ on June 23, 2015.
On which NASDAQ market will DHX Media variable voting shares trade?
DHX Media variable voting shares will trade on the NASDAQ Global Select Market.
What will be the stock symbol for DHX Media variable voting shares on the NASDAQ?
DHX Media variable voting shares will trade on the NASDAQ under the stock symbol “DHXM”.
Who may trade in DHX Media variable voting shares on the NASDAQ?
Anyone with a valid brokerage account should be able to trade in DHX Media variable voting shares on the NASDAQ. Please contact your broker for additional information.
Will DHX Media’s common voting shares and variable voting shares both trade on the NASDAQ?
No, only the Company’s variable voting shares will trade on the NASDAQ. The Company’s common voting shares will continue to trade on the Toronto Stock Exchange. For more information about the Company’s dual-class share structure, please see the Company’s press release and FAQ issued Oct 9, 2014.
Will DHX Media shares continue to trade on the Toronto Stock Exchange?
Yes, the Company’s variable voting shares (TSX: DHX.A; NASDAQ: DHXM) and common voting shares (TSX: DHX.B) will continue to trade on the Toronto Stock Exchange.
Do all DHX Media shares have the same CUSIP number?
DHX Media has two classes of shares, common voting shares and variable voting shares. The Committee on Uniform Securities Identification Procedures (CUSIP) number for each class is as follows:
- DHX Common Voting Shares CUSIP: 252406707
- DHX Variable Voting Shares CUSIP: 252406608
Will DHX Media variable voting shares trade in US dollars on the NASDAQ?
Yes, DHX Media variable voting shares will trade in US dollars on the NASDAQ. On the Toronto Stock Exchange, DHX Media shares will continue to trade in Canadian dollars.
What happens to DHX Media shares that trade on the OTC Markets under the symbols DMQHF and DMXHF?
DHX Media common voting shares trading on OTC Markets under the symbol DMQHF will continue to trade on the OTC Markets. DHX Media variable voting shares trading on OTC Markets under the symbol DMXHF will move to the NASDAQ to trade as DHXM. Please contact your broker for additional information.
Who is the transfer agent for DHX Media shares?
Computershare Investor Services
100 University Ave., 8th Floor
Toronto, ON M5J 2Y1
1 800 564 6253
Computershare Trust Company, N.A.
8742 Lucent Blvd, Suite 300,
Denver, CO 80129