Pethealth Inc.
TSX : PTZ

Pethealth Inc.

October 07, 2014 09:00 ET

Pethealth Files Circular and Proxy Materials in Connection With Special Meeting of Shareholders

TORONTO, ONTARIO--(Marketwired - Oct. 7, 2014) - Pethealth Inc. (TSX:PTZ) (the "Company" or "Pethealth") announced today that is has filed its notice of special meeting of shareholders and management information circular (the "Circular") and related proxy materials with the relevant Canadian securities regulators in preparation for its special meeting of shareholders to be held on October 27, 2014 at 11:00 a.m. (Toronto time) at the offices of Stikeman Elliott LLP, 199 Bay Street, Commerce Court West, Suite 5300, Toronto, Ontario. The Circular and related proxy materials are available at www.sedar.com under the Pethealth's profile.

The board of directors of Pethealth recommends, for the reasons set out in the Circular, that Pethealth common and preferred shareholders vote FOR the special resolution to approve the statutory plan of arrangement (the "Arrangement") involving Pethealth, Fairfax Financial Holdings Limited and 8653291 Canada Inc. to be implemented pursuant to the arrangement agreement entered into on August 29, 2014.

Pethealth also confirms that the Circular, which provides information on, among other things, the Arrangement and voting procedures, has been mailed to shareholders of record on September 22, 2014.

Completion of the transaction is subject to customary closing conditions, including court approval of the arrangement, shareholder approval and regulatory approval in the United Kingdom.

About Pethealth

Pethealth is North America's second largest provider of medical insurance for dogs and cats to pet owners, operating in the United States, Canada and the United Kingdom. In addition, the Company is the leading provider of management software to North American animal welfare organizations through its SaaS-based application and is the leading provider of pet related database management services to the North American companion animal industry. Pethealth offers a unique range of products and services for veterinarians, shelters and pet owners through a number of wholly owned subsidiaries using a range of brand names including PetCare, 24PetWatch, Pet Protect, Petpals Direct, PetPoint, Petango.com and ThePetangoStore.com.

Pethealth is based in Oakville, Ontario. To find out more about Pethealth, visit the web site at www.pethealthinc.com.

Forward-Looking Information

This press release contains information that is forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking information can be identified by the use of terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or the negative of these terms or other similar expressions concerning matters that are not historical facts and include statements regarding expectations regarding whether a transaction will be consummated, including whether conditions to the consummation of the transaction will be satisfied, or the timing for completing the transaction.

Forward-looking information by its nature necessarily involves risks and uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future events, performance or achievements expressed or implied by such forward-looking information. If any of these risks or uncertainties were to materialize or if the factors and assumptions underlying the forward-looking information were to provide incorrect, actual results could vary materially from those that are expressed or implied by such forward-looking information.

Risks and uncertainties regarding Pethealth are described in Pethealth's most recent Annual Information Form which is available on SEDAR at www.sedar.com. Pethealth disclaims any intention or obligation, other than those required by securities laws, to update or revise any forward-looking information.

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