ZURICH,
Switzerland, March 11,
2024 /CNW/ - Swiss Re Ltd. and its
subsidiary, Swiss Re Investments Holding Company Ltd.
(together, "Swiss Re")
announce that on March 11, 2024,
Swiss Re acquired ownership of an aggregate of 197,217 common
shares ("Common Shares") of Definity Financial
Corporation (the "Issuer") through the
facilities of the Toronto Stock Exchange at an average price of
C$46.2491 per Common Share, for an
aggregate purchase price of C$9,121,108.7547.
Immediately before the acquisition of
Common Shares, Swiss Re owned 11,450,000 Common Shares,
representing approximately 9.88% of the issued and outstanding
Common Shares. Immediately after the acquisition, Swiss Re owned
11,647,217 Common Shares, representing approximately 10.05% of the
issued and outstanding Common Shares.
Swiss Re acquired the Common Shares for
investment purposes and may, subject to the terms of the governance
agreement among Swiss Re and the Issuer dated November 23, 2021, and depending on market and
other conditions, or as further circumstances may dictate, from
time to time, increase or decrease its beneficial ownership,
control or direction over Common Shares through market
transactions, private agreements, treasury issuances, options,
other convertible securities or otherwise.
Swiss Re's head office is located at
Mythenquai 50/60 8002 Zurich,
Switzerland. For further information and/or a
copy of the related early warning report to be filed, please
contact James Raphael at
+41 43 285 2121. The Issuer's head office is
located at 111 Westmount Road South, Waterloo, Ontario N2L 2L6. The Common Shares
of the Issuer are listed on the Toronto Stock Exchange under the
symbol "DFY".
SOURCE Swiss Re Ltd.