The acquisition of Canaccor Genuity Group Inc.'s securities has been announced by CG Partners Limited.

TORONTO, Dec. 20, 2024 /CNW/ - To acquire and hold common shares and other securities of Canaccord Genuity Group Inc. (the "Company") on behalf of its employees, CG Partners Limited Partnership (the "Partnership"), an independent employee share-ownership vehicle, announced that it has purchased 1,092,519 common shares of the company ("Shares"). The Partnership held 9,914,000 shares prior to the acquisition, which accounted for about 9.7% of the total number of shares in circulation. After the purchase, the Partnership now holds 11,006,519 shares in total, or about 10.7% of the total number of shares in circulation.

In accordance with its objective to act as a long-term ownership vehicle for senior employees of the Company, the Partnership plans to hold the Shares for investment purposes.  The number of shares held by the Partnership may occasionally rise or fall as a result of the Partnership's acquisition or disposal of shares as participating employees depart and new employees join the Partnership.In accordance with National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, this press release is being released. On the Company's SEDAR+ profile at www.sedarplus.ca, a copy of the early warning report that the Partnership is required to file in relation to the transactions detailed below will be accessible.The Partnership will file an early warning report in connection with the transactions outlined here, and a copy of the report will be accessible on the Company's SEDAR+ website at www.sedarplus.ca.