Descartes Announces Bought Deal Common Share Offering.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--Oct. 5, 2000 The Descartes Systems Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DSGX DSGX Dynamic Sound Generator Xtra (Sony) DSGX Dynamic Sound Generator Extra )(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) .) announced today that it has entered into a bought deal underwriting arrangement for the sale of 3,000,000 Common Shares at a price of Cdn$64.00 per share. The offering, which initially was to consist of 2,000,000 Common Shares, was increased upon an agreement of the underwriters to exercise an option to acquire an additional 1,000,000 Common Shares. The offering is expected to close on or before October 24, 2000. The Common Shares have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered, sold or delivered within the United States or to, or for the account of, U.S. persons absent registration or an applicable exemption from the registration requirements of such Act. DESCARTES SYSTEMS GROUP CORPORATE HEADQUARTERS 120 RANDALL DRIVE, WATERLOO, ONTARIO, CANADA, N2V 1C6 TEL: (519) 746-8110 FAX: (519) 747-0082 E-MAIL e-mail: see electronic mail. in full electronic mail Messages and other data exchanged between individuals using computers in a network. : info@descartes.com |
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