Farmers Edge Announces Completion of Plan of Arrangement

WINNIPEG, MB, March 21, 2024 /CNW/ - Farmers Edge Inc. ("Farmers Edge" or the "Company") (TSX:FDGE.TO) today announced the completion of the previously announced statutory plan of arrangement (the "Arrangement") pursuant to which 15635594 Canada Inc., a subsidiary of Fairfax Financial Holdings Limited ("FFHL"), acquired all of the outstanding common shares of the Company (each, a "Common Share"), except for: (i) 25,718,393 Common Shares (representing approximately 61.2% of the outstanding Common Shares) held by FFHL and its controlled affiliates; and (ii) Common Shares held by the Company's Chief Executive Officer, for a price of $0.35 in cash per Common Share (the "Arrangement Consideration").