TORONTO, Jan. 14, 2025 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") today announced the preliminary results of its substantial issuer bid (the "Offers") to purchase for cancellation all of its preferred shares (the "Preferred Shares") in consideration for 9.75% senior unsecured notes (the "2030 Notes"). The Offers are set to expire at 5:00 pm (Eastern time) on January 30, 2025, unless further extended, varied or withdrawn by the Company.

Based on the preliminary count provided by TMX Trust, the depository for the Offers, a total of 7,811,097 Preferred Shares were validly tendered as of January 10, 2025 (being the initial expiry date before having been extended to January 30, 2025). The total is comprised of:

TORONTO, Dec. 16, 2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") today provided a reminder of its previously announced substantial issuer bid (the "Offers') under which the Company has offered to purchase for cancellation up to 100% of its Cumulative Rate Reset Preferred Shares, Series 1 (the "Series 1 Shares"), Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares") and Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Shares" and collectively with the Series 1 Shares and the Series 3 Shares, the "Preferred Shares") in consideration for 9.75% senior unsecured notes (the "2030 Notes").  All amounts are denominated in Canadia dollars.

TORONTO, Nov. 26, 2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") today announced the launch, as of the date hereof, of its previously announced substantial issuer bid pursuant to which Aimia offers to purchase for cancellation (the "Offers") up to 100% of its Cumulative Rate Reset Preferred Shares, Series 1 (the "Series 1 Shares"), Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares") and Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Shares" and collectively with the Series 1 Shares and the Series 3 Shares, the "Preferred Shares") in consideration for 9.75% senior unsecured notes (the "2030 Notes").  All amounts are denominated in Canadia dollars.

EXECUTION OF SUPPORT AGREEMENT WITH LARGEST PREFERRED SHAREHOLDER TO TENDER ITS PREFERRED SHARES

EXCHANGE OF PREFERRED SHARES FOR NOTES EXPECTED TO GENERATE ANNUAL CASH SAVINGS OF APPROXIMATELY $8 MILLION

TORONTO, Nov. 11, 2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") today announced that its Board of Directors has authorized the launch of a substantial issuer bid (the "Offer") pursuant to which Aimia will offer to purchase for cancellation up to 100% of its Cumulative Rate Reset Preferred Shares, Series 1 (the "Series 1 Shares"), Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares") and Cumulative Floating Rate Preferred Shares, Series 4 (the "Series 4 Shares" and collectively with the Series 1 Shares and the Series 3 Shares, the "Preferred Shares") in consideration for senior unsecured notes (the "Notes"). The Company further announces the execution of a support agreement (the "Support Agreement") with Phillips Hager and North ("PH&N"), the largest holder of Preferred Shares, to tender all of its 7.2 million Preferred Shares under the Offer.

TORONTO, Nov. 8, 2024 /CNW/ - Aimia Inc. (TSX: AIM) today announced that its Board of Directors has declared quarterly dividends on each series of its preferred shares:

TORONTO, Nov. 8, 2024 /CNW/ - Aimia Inc, (TSX: AIM) ("Aimia" or the "Company"), today reported its financial results for the three and nine months ended September 30, 2024. All amounts are in Canadian currency unless otherwise noted.

SENIOR LEADERSHIP COMMENTARY

"Since the start of the year, we have executed a strategy focused on strengthening the operational performance of our core holdings, unlocking value for shareholders, and improving engagement with our investors," said Tom Finke, Aimia's Executive Chairman. "Our strong financial results for Q3, which were marked by gains across a number of key financial metrics, the continued roll out of our normal course issuer bid, the roadmap being developed by our Strategic Review Committee to return capital to shareholders, and the recent signing of a cooperation agreement with our largest investor, are indicative of the significant progress we have made to date.  With the settlement of all activist investor matters now behind us, we plan to build on our recent performance and focus on unlocking shareholder value in the coming months."

TORONTO, Oct. 31, 2024 /CNW/ - Mithaq Capital SPC ("Mithaq"), the largest shareholder of Aimia Inc. (TSX: AIM) ("Aimia"), today announced that it has entered into an agreement with Aimia (the "Cooperation Agreement") that will result in the dismissal of all outstanding litigation between the two parties.

Under the terms of the Cooperation Agreement:

TORONTO, Oct. 31, 2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company") announced today that it has signed a cooperation agreement (the "Cooperation Agreement") with Mithaq Capital SPC ("Mithaq") that will result in the dismissal of all outstanding litigation between the two parties, the appointment of two Mithaq nominees, Muhammad Asif Seemab and Rhys Summerton, to Aimia's Board of Directors, the grant of customary pre-emptive and registration rights to Mithaq, the adoption of customary standstill provisions through March 31, 2026, and an undertaking from Mithaq to vote all of its common shares of the Company in favour of each of Aimia's management nominees for election to the Company's board of directors at Aimia's next annual general meeting of shareholders to be held in 2025.   

TORONTO, Oct. 16, 2024 /CNW/ - Aimia Inc. (TSX: AIM) will announce its third quarter 2024 financial results for the period ended September 30, 2024 on Friday, November 8, 2024.

Aimia's financial results are expected to be released at approximately 7:00 am ET followed by a live presentation by management via a webcast and teleconference call at 8:30 am ET the same day. Management's presentation will include an update on Aimia's strategy for unlocking shareholder value and near-term priorities.

Aimia Q3 Earnings Conference Call/Webcast

TORONTO, Aug. 13, 2024 /CNW/ - Aimia Inc. (TSX: AIM) today announced that its Board of Directors has declared quarterly dividends on each series of its preferred shares:

TORONTO, Aug. 13, 2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or the "Company"), today reported its financial results for the three and six months ended June 30, 2024. All amounts are in Canadian currency unless otherwise noted.

SENIOR LEADERSHIP COMMENTARY

"Consistent with the commitments we made earlier in the year, we focused our efforts in the second quarter on a two-pronged strategy aimed at improving the operational performance of each of core holdings and unlocking shareholder value," said Tom Finke, Aimia's Executive Chairman. "Our results in Q2, as reflected by our improved adjusted EBITDA, receipt of the $32.9 million PLM earn-out, and the successful launch of a normal course issuer bid, demonstrate our ability to execute against our plans."