ISC Launches Employee Share Purchase Plan
12 Março 2025 - 9:00AM
Information Services Corporation (TSX:ISC) (“ISC” or the “Company”)
is pleased to announce the launch of an Employee Share Purchase
Plan in Canada (Employee Share Ownership Plan in Ireland) (referred
to collectively as the "ESPP"), allowing employees to purchase
shares in ISC on the TSX and participate in the future upside of
the Company as it executes on its goal to double the size of the
Company on a revenue and adjusted EBITDA basis by 2028.
Shawn Peters, President and CEO, commented, “We are introducing
the ESPP to help employees enhance their involvement in ISC’s
growth. We are excited to introduce a plan that will cultivate a
greater sense of ownership and strengthen the alignment of
employees with ISC’s long-term goals. Now, employees can more
effectively participate in our shared success as we continue to
execute on our strategy."
Some of the key benefits of the ESPP are:
- Employees in Canada will be able to contribute a portion of
their eligible earnings, complemented by an ISC match, in
accordance with the plan terms.
- Employees in Ireland will have the choice to join a share
participation scheme, within the meaning of applicable Irish tax
laws, which provides employee tax benefits, in lieu of the Company
matching employee contributions.
The plan will be rolled out on March 19, 2025 for ISC’s
Canada-based employees and on April 2, 2025 for ISC’s Ireland-based
employees.
For more information about a career at ISC, please visit the
Careers page on our website at https://company.isc.ca/careers
About ISCHeadquartered in Canada,
ISC is a leading provider of registry and information management
services for public data and records. Throughout our history, we
have delivered value to our clients by providing solutions to
manage, secure and administer information through our Registry
Operations, Services and Technology Solutions segments. ISC is
focused on sustaining its core business while pursuing new growth
opportunities. The Class A Shares of ISC trade on the Toronto Stock
Exchange under the symbol ISC.
Cautionary Note Regarding
Forward-Looking Information
This news release contains forward-looking
information within the meaning of applicable Canadian securities
laws including, without limitation, statements related to the
launch of the ESPP and anticipated benefits. Forward-looking
information involves known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ
materially from those expressed or implied by such forward-looking
information. Important factors that could cause actual results to
differ materially from the Company's plans or expectations include
risks relating to changes in economic, market and business
conditions and other risks detailed from time to time in the
filings made by the Company including those detailed in ISC’s
Annual Information Form for the year ended December 31, 2023 and
ISC’s audited Consolidated Financial Statements and Notes and
Management’s Discussion and Analysis for the third quarter and nine
months ended September 30, 2024, copies of which are filed on
SEDAR+ at www.sedarplus.ca.
The forward-looking information in this release is
made as of the date hereof and, except as required under applicable
securities legislation, ISC assumes no obligation to update or
revise such information to reflect new events or circumstances.
Media ContactJodi BosnjakExternal
Communications SpecialistToll Free: 1-855-341-8363 in North
America or 1-306-798-1137corp.communications@isc.ca
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