On April 2, 2025, Plantro Ltd. announced a tender offer to acquire up to 2,777,342 Class A Limited Voting Shares of Information Services Corporation (TSX: ISC) at $27.25 per share, representing a premium of approximately 10% over ISC’s March 31 closing price. The offer, not classified as a formal or exempt take-over bid under Canadian securities laws, excluded shares held by the Crown Investment Corporation of Saskatchewan and remained open until April 11, 2025.

Citing ISC’s strong fundamentals and low trading liquidity, Plantro pursued the offer following unsuccessful engagement with ISC’s board. Due to limited trading volumes, Plantro viewed a tender offer as the only viable path to increase its ownership.

The offer was completed on June 3, 2025, at an increased price of $30 per share. Plantro acquired 580,863 Class A Shares, representing approximately 3.13% of ISC’s outstanding shares. Goodmans LLP served as legal counsel to Plantro. Carson Proxy acted as the information agent, Odyssey Trust Company as depositary, and Gagnier Communications as strategic communications advisor.