ShareholdingJun 5, 2026, 05:31 PM
Fairfax Files Early Warning Report on Blue Ant Media Stake
AI Summary
Fairfax Financial Holdings Limited filed an early warning report regarding its stake in Blue Ant Media Corporation. Fairfax's ownership was diluted from approximately 22.5% to 17.9% following Blue Ant's acquisition of Thunderbird Entertainment Group Inc., which involved the issuance of 5,857,979 new Subordinate Voting Shares. Fairfax subsequently acquired an additional 550,000 Subordinate Voting Shares, bringing its total holding to 5,514,723 shares, representing approximately 19.9% of the currently outstanding shares. Fairfax holds these shares for investment purposes.
Key Highlights
- Fairfax's ownership in Blue Ant Media diluted from 22.5% to 17.9% after Blue Ant's acquisition of Thunderbird.
- Blue Ant Media issued 5,857,979 new Subordinate Voting Shares for the Thunderbird acquisition.
- Total outstanding Subordinate Voting Shares of Blue Ant Media increased from 21,861,388 to 27,719,367.
- Fairfax subsequently acquired 550,000 additional Subordinate Voting Shares of Blue Ant Media.
- Fairfax now holds 5,514,723 Subordinate Voting Shares, representing approximately 19.9% of Blue Ant Media.
- Fairfax holds the Subordinate Voting Shares for investment purposes.
Price Impact
More from FRFHF