Olivier Benloulou Sells Common Shares of Indiva Limited
GATINEAU, QUÉBEC–(Marketwired – Jan. 25, 2018) - Olivier Benloulou (“Mr. Benloulou“), through 4098242 Canada Inc. (“409“), a corporation wholly owned and controlled by Mr. Benloulou, has sold 1,579,000 common shares (collectively, the “Sold Shares” and each, a “Sold Share“) of Indiva Limited (the “Issuer“) through the facilities of the TSX Venture Exchange. The Sold Shares represent approximately 2.41% of issued and outstanding Common Shares of the Issuer, and were sold at an average price of $1.2116 per share for total consideration of 1,914,724.69 between January 4, 2018 and January 25, 2018 (the “Transactions“). As a result of the Transactions, Mr. Benloulou disposed of beneficial ownership of more than 2% of the issued and outstanding common shares of Indiva.