Organigram mails management information circular on general, special meeting

Organigram Holdings (OGI) has mailed and filed a management information circular and related materials for its annual and special meeting of the holders of its common shares to be held on January 18, 2024. In addition to routine annual business to be conducted, Shareholders at the Meeting will be asked to approve the previously announced proposed C$124.6 million follow-on strategic equity investment in the Company from BT DE Investments, a wholly owned subsidiary of British American Tobacco plc (BTI). The Investment is to be completed in three tranches, each subject to the satisfaction of certain closing conditions, which include, clearance under the Competition Act, applicable stock exchange approval, and the requisite approval of the Shareholders at the Meeting.