Such statements are based on the current expectations and views of future events of Prodigy's management. This press release includes forward-looking statements regarding Prodigy and its business. Prodigy has been recognized as one of Canada's fastest growing companies with multiple awards. Digital transformation services include strategy, architecture, design, project management, agile development, quality engineering and staff augmentation. Our services business, Prodigy Labs ™, which is the business being sold, provides technology services for digital transformation. ™ for open banking and customer chat support, coupled with seamless integration of our partners best-of-breed Fintech platforms.

The Company provides leading edge platforms, including IDVerifact ™ for digital identity, and tunl. When due bills are used, the ex-distribution date is deferred to the first trading day after the Payment Date. The due bill redemption date will be March 24, 2023.ĭue bills represent entitlements to cash and will attach to the Common Shares between the first trading day prior to the Record Date and the Payment Date, allowing Common Shares to carry the value of the entitlement to the distribution until it is paid. Subject to confirmation from the TSX Venture Exchange, Prodigy expects the Common Shares to commence trading on a 'due bill' basis at the opening of trading on Maand to commence trading 'ex-distribution' on March 23, 2023. In connection with the Return of Capital, the Board confirmed a reduction in the stated capital of the Common Shares by an aggregate amount equal to Cdn$$5,930,658 (the 'Stated Capital Reduction'), which Stated Capital Reduction was previously approved by holders of Common Shares at a special meeting held on March 8, 2023. (TSXV: PGV) ('Prodigy' or the 'Company') today announced that the Board of Directors (the 'Board') has approved a one-time return of capital of Cdn$0.041103 per share (the 'Return of Capital') for holders of record of common shares of the Company ('Common Shares') on Ma(the 'Record Date') and payable in cash on Ma(the 'Payment Date').

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