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TORONTO, April 12, 2018: Neo Performance Materials Inc. (“Neo”, the “Company”) (TSX:NEO) will report its first quarter results for the period ended March 31, 2018
Neo Performance Materials announces that the Toronto Stock Exchange has accepted a notice filed by Neo of its intention to make a Normal Course Issuer Bid for up to 1,996,078 of its issued and outstanding common shares.
FY 2017 Highlights (Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars) $434.2 million in revenue, higher by 13.6%
Neo Performance Materials (TSX: NEO) announced today that its Board of Directors declared a quarterly dividend totaling $0.095 per share on each of its common shares. The quarterly dividend declared today will be paid on March 29, 2018 to shareholders of record on March 22, 2018.
Neo Performance Materials Inc. (TSX:NEO) will report its fourth quarter results for the period ended December 31, 2017 before the Toronto market opens on Friday, March 9, 2018.
Neo Performance Materials announces that the underwriters of its recent successful IPO have exercised the over-allotment option in part for the purchase of an additional 1,100,000 Common Shares at a price of $18.00 per Common Share.
Neo Materials will appeal a German lower court’s decision regarding Neo’s innovative rare-earth-based vehicle emissions catalyst products, which helps vehicle manufacturers meet increasingly stringent air pollution standards in markets around the world.
Neo Performance Materials successfully closes its previously announced IPO initial by way of secondary offering of common shares by the Company’s majority shareholder, OCM Neo Holdings (Cayman), L.P., which sold 11,115,000 Common Shares at a price of $18.00 per share for total gross proceeds to the Selling Shareholder of $200,070,000.
Neo Performance Materials has obtained a receipt for its final prospectus filed in respect of its previously announced proposed initial public offering of common shares, and has entered into an underwriting agreement with respect to the Offering.
Ali Mahdavi
Investor Relations
(416) 962-3300
ir@neomaterials.com
Jim Sims
Media Relations
(303) 503-6203
media@neomaterials.com
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