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Descartes Announces Closing of Public Share Offering.


Business Editors

WATERLOO, Ontario--(BUSINESS WIRE)--Oct. 24, 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.) announced today the successful completion and closing of the issue of 3,000,000 Common Shares at a price of Cdn.$64.00 per share, for aggregate proceeds of Cdn.$192,000,000.

The offered 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 except in transactions exempt 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.
e-mail
 in full electronic mail

Messages and other data exchanged between individuals using computers in a network.
: info@descartes.com
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Oct 24, 2000
Words:129
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