Gestion Audem sells a block of subordinate voting shares by way of private placement
PRESS RELEASE
FOR IMMEDIAT E RELEASE
Gestion A udem sells a bloc k of subordina t e voting shares
by way of private placement
Montreal, May 13, 2013 – Today, COGECO I nc. (TSX: CGO) (“COGECO” or t he “ Cor por ation”)
announced that Gestion Audem Inc. has entered into an agreement for the sale of 432,270
subordinate voting shares on a private placement basis. The transaction does not alter the
control of COGECO and, after g iving eff ect to this t ransact ion, Gestion Audem will retain control
and ownership over 1,809,660 multiple voting shares and 509,810 subordinate voting shares of
COGECO, representing in aggregate 70.8% of the voting rights associated with all shares of
COGECO (relative to 71.6% of the voting rights prior to the transaction).
Louis Audet, president of Gestion Audem Inc. said “This exceptional tr ansaction is being carried
out as part of the succession planning following the death of the late Henri Audet. On behalf of
all members of t he Audet Family, I wish to conf irm that we remain fully com mitted to continuing
to pursue the work of our father who founded COGECO more than fifty years ago.”
The transaction is expected to close on or about May 21, 2013, subject to customary closing
conditions.
ABOUT COGECO
COGECO is a diversified communications corporation. Through its Cogeco Cable subsidiary,
COGECO provides to its residential and businesscustomers Analogue and Digital Television,
High Speed Internet («HSI») and Telephony services. Cog eco Cable operates in Canada under
the Cogeco Cable brand name in Quebec and Ontario, and in the United States through its
subsidiary Atlantic Broadband in Western Pennsylvania, Southern Florida, Maryland, Delaware
and South Carolina. Through its subsidiaries Cogeco Data Services and PEER 1 Hosting,
Cogeco Cable provides to its commercial customers, a suite of IT hosting, information and
communications technology services (Data Centre, Co-location, Managed Hosting, Cloud
Infrastructure and Connectivity), with 23 data centres, extensive fibre networks in Montreal and
Toronto as well as points-of-presence in North America and Europe. Through its subsidiary
Cogeco Diffusion, COGECO owns and operates 13 radio stations across most of Québec with
complementary radio formats serving a wide range of audiences as well as Cogeco News, its
news agency. Cogeco Diffusion also operates Métromédia, an advertising representat ion house
specialized in the public transit sector that holds exclusive advertising rights in the Province of
Québec where it also represents its business partners active across other Canadian markets.
COGECO's subordinate voting shares are listed on the Toronto Stock Exchange (TSX: CGO).
The subordinate voting shares of Cogeco Cable are also listed on the Toronto Stock Exchange
(TSX: CCA).
Information: Media
René Guimond
Vice-President , Public Affairs and Communications
Tel.: 514-764-4700