TORONTO, March 15, 2021 /CNW/ - Dye & Durham
Limited ("Dye & Durham" or the "Company") (TSX:
DND), a leading provider of cloud-based software and technology
solutions designed to improve efficiency and increase productivity
for legal and business professionals, announced today that its
common shares will be added to the S&P/TSX Composite Index,
effective prior to the open of trading on Monday, March 22, 2021.
"This is a significant accomplishment for Dye & Durham and
is a testament to the hard work and dedication of our employees who
have collectively helped the Company execute its strategy of
acquiring, integrating and operating businesses in our sector to
drive EBITDA," said Matt Proud, Chief Executive Officer
of Dye & Durham.
The S&P/TSX Composite Index is the primary gauge for
Canadian-based, Toronto Stock Exchange listed companies. The
S&P/TSX Composite Index serves the dual purpose of a benchmark
and an investable index. The index is designed to offer the
representation of a broad benchmark index while maintaining the
liquidity characteristics of narrower indices.
About Dye & Durham
Dye & Durham is a leading provider of cloud-based software
and technology solutions designed to improve efficiency and
increase productivity for legal and business professionals. Dye
& Durham provides critical information services and workflows,
which clients use to manage their process, information and
regulatory requirements. The Company has operations in Canada, the United
Kingdom, Ireland and
Australia, and has a strong
blue-chip customer base that includes law firms, financial service
institutions, and government organizations. Additional information
can be found at www.dyedurham.com.
Forward-looking Statements
This press release may contain forward-looking information
within the meaning of applicable securities laws, which reflects
the Company's current expectations regarding future events. In some
cases, but not necessarily in all cases, forward-looking statements
can be identified by the use of forward looking terminology such as
"plans", "targets", "expects" or "does not expect", "is expected",
"an opportunity exists", "is positioned", "estimates", "intends",
"assumes", "anticipates" or "does not anticipate" or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might", "will" or "will
be taken", "occur" or "be achieved". In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances contain forward-looking
statements. Forward-looking statements are not historical facts,
nor guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking information is based on a number of assumptions
and is subject to a number of risks and uncertainties, many of
which are beyond the Company's control, which could cause actual
results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to, the
factors discussed under "Risk Factors" in the prospectus supplement
of the Company dated November 18,
2020 to the short-form base shelf prospectus (including the
documents incorporate therein) of the Company dated November 18, 2020. Dye & Durham does not
undertake any obligation to update such forward-looking
information, whether as a result of new information, future events
or otherwise, except as expressly required by applicable law.
SOURCE Dye & Durham Limited