Celestica Announces Proposed Secondary Offering of Subordinate Voting Shares by Onex Corporation

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Jun 05, 2023

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (“Celestica”) (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, announced today that Onex Corporation (“Onex”), its controlling shareholder, intends to offer for sale 12,000,000 of Celestica’s subordinate voting shares (“SVS”), all or substantially all of which will be issued upon conversion of a corresponding number of Celestica’s multiple voting shares (“MVS”) into SVS. Celestica is not selling any shares and will not receive any proceeds from the proposed offering.