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CLARKE INC. ANNOUNCES PARTIAL REDEMPTION OF 6.25% CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES DUE JANUARY 1, 2028

Newswire.ca - Thu Oct 13, 2022

HALIFAX, NS, Oct. 13, 2022 /CNW/ - Clarke Inc. (the "Company" or "Clarke") (TSX: CKI) announced today that it has delivered a notice of redemption to the holders of the Company's outstanding 6.25% convertible unsecured subordinated debentures due January 1, 2028 (the "Debentures"). Such notice of redemption provides that the Company will, on October 31, 2022 (the "Redemption Date"), redeem $15,754,000 of the total $50,754,000 principal amount of the Debentures (the "Redeemed Debentures") currently outstanding (the "Partial Redemption").

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