Sony Pixel Power calrec Sony

Espial Group Inc. Completes Previously Announced Plan of Arrangement

28/05/2019

Press Releases

Espial Group Inc. Completes Previously Announced Plan of Arrangement 27/05/2019

OTTAWA, ON - May 24, 2019 Espial Group Inc. ( Espial or the Company ) (TSX: ESP) today announces the completion of the previously announced plan of arrangement under the Canada Business Corporations Act pursuant to which Enghouse Systems Limited ( Enghouse ) acquired all of the issued and outstanding common shares of Espial for $1.57 in cash per common share (the Arrangement ).

Consideration for the purchased common shares has been paid to Computershare Trust Company of Canada, as depositary under the Arrangement (the Depositary ). Under the Arrangement, Espial shareholders who hold their common shares in registered form will receive payment of $1.57 in cash per common share following the delivery and surrender with the Depositary of their original certificates representing their Espial common shares together with a letter of transmittal properly completed and executed, in accordance with the instructions contained in the letter of transmittal previously sent to registered shareholders (and any additional documents as the Depositary may reasonably require). Shareholders of Espial who hold their common shares through a broker, dealer, bank, trust company or other intermediary should follow the instructions provided by such intermediary in order to receive payment of the consideration for their common shares.

It is expected that the Espial common shares will be delisted from the TSX shortly. Espial also intends to apply to cease to be a reporting issuer in the applicable provinces of Canada.

For more information, please contact:

Espial Group Inc.

Carl Smith

Chief Financial Officer

613-230-4770 x 1127

csmith@espial.com

About Espial

Espial is a public software company, established in 1997 and headquartered in Ottawa, Canada. Espial solutions are used by over 100 video service providers and device manufacturers across US, Canada, Europe & Asia. Espial's solution portfolio includes client, server and cloud software products along with system integration services to help service providers launch next generation video offerings. Espial's customers have deployed over 50 million devices, and are serviced through Espial's global sales, support, and innovation centers. Espial has partnered with leading companies like Netflix, Amazon and Google among others for its Elevate SaaS solution, which powers cable, IPTV & App-based IP video services for over 30 video service providers. For more information on Espial's solutions, visit www.Espial.com. For more information about Espial Elevate cloud IPTV platform, visit www.Espial.com/elevate.

About Enghouse

Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a more diverse enterprise software company through strategic acquisitions and managed growth within its business sectors: Contact Center, Networks (OSS/BSS) and Transportation/Public Safety. Enghouse shares are listed on the Toronto Stock Exchange (TSX:ENGH). Further information about Enghouse is available at www.enghouse.com.

Notice Regarding Forward Looking Statements

This news release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as plans , expects or does not expect , is expected , estimates , intends , 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 or will be taken, occur or be achieved. Forward-looking statements include statements with respect to all court approvals and the completion of the Arrangement. The forward-looking statements included in this news release are made as of the date of this news release and neither Espial nor Enghouse undertakes any obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
LINK: https://espial.com/news/espial-group-inc-completes-previously-announce...
See more stories from espial

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

01/06/2026

Dolby Sets the New Standard for Premium Entertainment at CES 2026

January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026 Throughout the week, Dolby brings to life the latest innovatio...

01/05/2026

NBCUniversal's Peacock to Be First Streamer to Integrate Dolby's Full Suite of Premium Picture and Sound Innovations

January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...

01/04/2026

DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION

January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION Douyin Users Can Now Create And Share Videos With Stun...

16/01/2026

HPA Announces Innovation & Technology Award Nominees

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

16/01/2026

Graduate Spotlight: Nadia Castagna

Graduate Spotlight: Nadia Castagna The educator, who grew up in Rochester, New York, shares how she went from Berklee to collaborating on meaningful programs ...

15/01/2026

Milano Cortina 2026: OBS CEO Yiannis Exarchos Previews Production Innovations

Milano Cortina 2026: OBS CEO Yiannis Exarchos Previews Production InnovationsFirst Person View drones, AI-based tech target greater fan engagement, efficiencyBy...

15/01/2026

Clever With Cameras: Bringing the Drama of the 2026 ISU European Figure Skating Championships to Viewers with Sunset+Vine

Clever with cameras: Bringing the drama of the 2026 ISU European Figure Skating ...

15/01/2026

No Stranger to Ice: Host Broadcaster Sunset+Vine on Pressure and Planning for the 2026 ISU European Figure Skating Championships

No stranger to ice: Host broadcaster Sunset Vine on pressure and planning for th...

15/01/2026

SVG Campus Shot Callers: Leah Gill, Associate Athletic Director, Digital Media, University of Tennessee at Chattanooga

SVG Campus Shot Callers: Leah Gill, Associate Athletic Director, Digital Media, ...

15/01/2026

National Sports Broadcaster Perspectives: What to Expect in Production in 2026

National Sports Broadcaster Perspectives: What to Expect in Production in 2026Leaders from ESPN, FOX Sports, Netflix, and Warner Bros. Discovery share their pro...

15/01/2026

From Berlin to London: Amazon Delivers NBA Europe Games for an International Audience

From Berlin to London: Amazon delivers NBA Europe games for an international aud...

15/01/2026

Sundance Institute Appoints David Linde as CEO

LOS ANGELES, CA, January 15, 2026 - The nonprofit Sundance Institute today announced the appointment of David Linde as Chief Executive Officer. Linde will assum...

15/01/2026

Excellent training at SGL Carbons Bonn site

The SGL Carbon site in Bonn has a long tradition of training. For many years, young talent has been successfully trained here, regularly achieving excellent exa...

15/01/2026

SGL Carbon and BMW Group receive JEC Innovation Award for Natural Fiber Composites Project

The JEC Composites Innovation Awards annually honor the most innovative and ambi...

15/01/2026

SGL Carbon signs long-term supply agreement with X-energy

X-energy Reactor Company, LLC ( X-energy ) and SGL Carbon LLC ( SGL ) have signed a 10-year framework agreement to provide graphite for the deployment of X-ener...

15/01/2026

Versant Completes Acquisition Of Free TV Networks

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

House Oversight Hearing on FCC Puts Chair in Spotlight

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

Radiant Media Player, Cloud DRM Partner on Integration

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

Telycam to Showcase New Mix One Video Switcher at ISE 2026

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

Pliant Names Adam Grede as Regional Sales Manager

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

NFL Wild Card Games Score With Viewers

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

15/01/2026

RT Chief Financial Officer, Mari Hurley to leave RT

RT is tonight announcing that Mari Hurley has decided to leave her role as RT 's Chief Financial Officer to take up a new position outside RT . Mari will r...

15/01/2026

VEON's Kyivstar Reaches 3.0 million Customers with Starlink Direct to Cell Services

15 Jan 2026 VEON's Kyivstar Reaches 3.0 million Customers with Starlink Dir...

15/01/2026

UKTV Enjoys Best Year Yet: VOD Viewing and Linear Share Hit Record Levels

Views to free streaming service U grew by 15%, average monthly active users by 23% and registrations by 18% UKTV's channels achieved record viewing share, ...

15/01/2026

Sky Sports to show Final Stage of inaugural FIFA Womens Champions Cup

Thursday 15 January 2026 Sky Sports to show Final Stage of inaugural FIFA Women's Champions Cup Sky and FIFA have agreed an exclusive new partnership whi...

15/01/2026

The official trailer for the second season of Seth MacFarlanes live-action comedy, Ted, has landed ahead of its launch on 6 March

Thursday 15 January 2026 The official trailer for the second season of Seth Mac...

15/01/2026

Riedel RefCam Takes Center Court in German Basketball Research Initiative With DBB and DSHS

Wuppertal January 15, 2026 Riedel RefCam Takes Center Court in German Basketba...

15/01/2026

Nah Yung-suk Presents Take a Hike!' - A Snowy Reality Adventure Coming to Netflix

Back to All News Nah Yung-suk Presents Take a Hike!' - A Snowy Reality Adv...

15/01/2026

'Firebreak' Premieres on Netflix February 20

Back to All News Firebreak Premieres on Netflix February 20 Entertainment 15 January 2026 GlobalSpain Link copied to clipboard DOWNLOAD THE FIRST LOOK IMA...

15/01/2026

The Variety, Voices, and Vision Shaping What's Next on Netflix Indonesia in 2026

Back to All News The Variety, Voices, and Vision Shaping What's Next on Net...

15/01/2026

Netflix and Sony Pictures Entertainment Enter New Pay-1 Deal With First-of-Its-Kind Global Reach

Back to All News Netflix and Sony Pictures Entertainment Enter New Pay-1 Deal W...

15/01/2026

Hollywood Professional Association Unveils 2026 HPA Awards Innovation & Technology Nominees

The Hollywood Professional Association (HPA) today announced the nominees for th...

15/01/2026

FOR-A Europe to Demonstrate Broadcast and Pro-AV Convergence at ISE 2026

Award-winning production solutions bridge traditional and next-generation workflows FOR-A MixBoard FOR-A IMPULSE viztrick AiDi MFR-3100EX...

15/01/2026

Arvato Systems Named Launch Partner for AWS European Sovereign Cloud

Arvato Systems Named Launch Partner for AWS European Sovereign Cloud As a launch partner for the AWS European Sovereign Cloud, Arvato Systems enables customer...

15/01/2026

Survive the Quarantine Zone and More With Devolver Digital Games on GeForce NOW

NVIDIA kicked off the year at CES, where the crowd buzzed about the latest gaming announcements - including the native GeForce NOW app for Linux and Amazon Fire...

14/01/2026

ITV selects Yospace for Advanced Ad Measurement and Monetisation on Freely

Staines-upon-Thames, UK, 13th January, 2026 ITV, one of the UKs leading broadcasters, has selected Yospace, the global leader in Dynamic Ad Insertion (DAI), to ...

14/01/2026

Tech Focus: Audio Consoles, Part 2 - New Options for Virtual Mixing

Tech Focus: Audio Consoles, Part 2 - New Options for Virtual MixingA variety of solutions offer both technical and economic benefitsBy Dan Daley, Audio Editor ...

14/01/2026

Tech Focus: Audio Consoles, Part 1 - Key Component Evolves Toward the Totally Virtual

Tech Focus: Audio Consoles, Part 1 - Key Component Evolves Toward the Totally Vi...

14/01/2026

SVG Summit 2025: Audio from Monday Workshops Now Available

SVG Summit 2025: Audio from Monday Workshops Now AvailableListen to sessions from Live Production Innovation, AI Production Tools, Cloud Production, Content Wor...

14/01/2026

US Navy and Marines Select L3Harris T7 Robots to Enhance Ordnance Disposal Capabilities

The L3Harris large T7 robotic systems will provide U.S. Navy and U.S. Marines wi...

14/01/2026

Steiger Media reimagines broadcast workflows with Calrec

Steiger Media's adoption of Calrec's compact Argo M console not only makes its innovative new hybrid truck faster, more efficient, and agile, but also e...

14/01/2026

NBC Sports to Deploy viztrick AiDi for Live Sports Production

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

14/01/2026

Sinclair Accepting Applications for 2026 Scholarship Program

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

14/01/2026

Neal Shapiro to Retire as President and CEO of The WNET Group

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

14/01/2026

Press Release: The Boston Globe Names Cartesian a Top Place to Work in 2025

Press Release: The Boston Globe Names Cartesian a Top Place to Work in 2025 January 14, 2026 News Cartesian - January 14, 2026 - EINPresswire.com - Sp...

14/01/2026

Comscore and Marcus Theatres Announce Five-Year Extension for Cinema ACE and Enterprise Web Solutions

Comscore and Marcus Theatres Announce Five-Year Extension for Cinema ACE and Ent...

14/01/2026

Comscore and Santikos Entertainment Announce Five-Year Circuit Wide Commitment to Cinema ACE and Enterprise Web Solutions

Comscore and Santikos Entertainment Announce Five-Year Circuit Wide Commitment t...

14/01/2026

Tribeca Announces Best New York Short Award for 25th Anniversary Festival

January 14th, 2026 TRIBECA ANNOUNCES BEST NEW YORK SHORT AWARD FOR 25TH ANNIVERSARY FESTIVAL In Celebration of Its 25th Anniversary, Tribeca Introduces a N...

14/01/2026

Sky News announces Cathy Newman to lead flagship new political programme

Wednesday 14 January 2026 Sky News announces Cathy Newman to lead flagship new political programme Sky News today announces that award-winning journalist and ...