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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates in two reporting segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.


TSX:SXP - Post by User

Post by HermannHalleron Jan 26, 2022 7:50am
243 Views
Post# 34361284

Activist shareholder steps up!

Activist shareholder steps up!

SUPREMEX INC. SHAREHOLDER ANNOUNCES ACQUISITION OF SHARES


News provided by

George Christopoulos

Jan 26, 2022, 07:00 ET

TORONTO, Jan. 26, 2022 /CNW/ - George Christopoulos today announced that he beneficially owns, or exercises control and direction over, 2,642,882 common shares (the "Common Shares") of Supremex Inc. ("Supremex"), representing approximately 10.01% of Supremex's Common Shares.

Mr. Christopoulos acquired beneficial ownership of, or control and direction over, 2,642,882 Common Shares on or prior to January 25, 2022, and 10,000 of these Common Shares were acquired on January 25, 2022 through the facilities of the Toronto Stock Exchange at an average price of $2.9029 per Common Share.

The Common Shares beneficially owned, or over which control and direction is exercised, by Mr. Christopoulos were acquired for investment purposes. Depending on market and other conditions, Mr. Christopoulos may, from time to time, increase or decrease his ownership, control and direction over Common Shares of Supremex.

In addition to having recent and separate discussions with Supremex's CEO and its Chairman for the purpose of sharing his views, on December 30, 2021 Mr. Christopoulos delivered two Shareholder Proposals addressing certain of Supremex's strategic alternatives, for inclusion in Supremex's next Information Circular.

Supremex's head office is located at 7213 Rue Cordner, Lasalle Quebec. For a copy of the report filed under National Instrument 62-103, please contact: George Christopoulos, 1075 Bay Street, Suite 505, Toronto, Ontario M5S 2B1, Telephone: 647 291 0354.

SOURCE George Christopoulos


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