Latest news with #DAVIDsTEAInc
Hamilton Spectator
14 hours ago
- Business
- Hamilton Spectator
Jane Silverstone Segal Increases Number of Shares of DAVIDsTEA Inc. Under Her Control
MONTREAL, June 20, 2025 (GLOBE NEWSWIRE) — Jane Silverstone Segal, Chair of the Board of Directors of DAVIDsTEA Inc. ('DAVIDsTEA') (TSXV: DTEA), announces that on June 20, 2025, she received shares of Rainy Day Investments Ltd. ('RDI') by way of bequest from her late husband Mr. Herschel Segal, as a result of which Jane Silverstone Segal has voting control of RDI. RDI owns 12,012,538 common shares of DAVIDsTEA, representing 44.51% of DAVIDsTEA's issued and outstanding common shares, which shares are now controlled by Jane Silverstone Segal. Immediately prior to the transfer of shares described above, Jane Silverstone Segal held 127,087 common shares of DAVIDsTEA, representing 0.47% of its 26,985,738 issued and outstanding common shares. Immediately after the transfer of shares described above, Mrs. Segal holds or exercises control, directly or indirectly, over 12,139,625 common shares, representing 44.99% of DAVIDsTEA's issued and outstanding common shares. As a result of the transfer of shares described above, Mrs. Segal's holdings of DAVIDsTEA's common shares increased to 44.99% from 0.47%. The late Mr. Herschel Segal also held 1,523 common shares of DAVIDsTEA directly, representing 0.006% of the issued and outstanding shares. The 1,523 shares will be transferred to Jane Silverstone Segal by way of bequest in due course, following which she will hold or exercise control, directly or indirectly, over 12,141,148 common shares, representing 44.99% of DAVIDsTEA's issued and outstanding common shares. In accordance with applicable securities laws, Mrs. Segal may, from time to time and at any time, acquire additional DAVIDsTEA shares and/or other equity, debt or other securities or instruments (collectively, 'Securities') of DAVIDsTEA in the open market or otherwise, and Mrs. Segal reserves the right to dispose of any or all of her Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of the DAVIDsTEA and other relevant factors. A copy of an early warning report filed by Jane Silverstone Segal in connection with the transfer described above is available on SEDAR+ under DAVIDsTEA's profile. This news release is issued under the early warning provisions of Canadian securities legislation. To obtain a copy of the early warning report filed by Jane Silverstone Segal, please contact: Frank Zitella President, Chief Operating and Chief Financial Officer DAVIDsTEA Inc. 5775 Ferrier Street Mount Royal, Québec H4P 1N3 Telephone: 514-839-1580
Yahoo
11-06-2025
- Business
- Yahoo
DAVIDsTEA Announces Date of First Quarter Fiscal 2025 Earnings
MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) ('DAVIDsTEA' or the 'Company'), a leading tea merchant in North America, announced today that its financial results for the first quarter of Fiscal 2025 will be released before markets open on June 17, 2025. The Company will host a webcast same day at 8:30 a.m. Eastern Time to discuss the financial results. Details of the webcast Via the internet at: in the "investor" section, or at: An online archive of the webcast will be available within two hours of the conclusion of the call and will remain available for 30 days. About DAVIDsTEADAVIDsTEA offers a specialty branded selection of high-quality proprietary loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at and the Amazon Marketplace, its wholesale customers which include over 4,000 grocery stores and pharmacies, over 1,500 convenience stores in Canada and over 900 grocery stores in the United States, as well as 20 company-owned stores across Canada. The Company offers primarily proprietary tea blends that are exclusive to the Company, as well as traditional single-origin teas and herbs. The team's passion for and knowledge of tea permeates the Company's culture and is rooted in an excitement to explore the taste, health and lifestyle elements of tea. With a focus on innovative flavours, wellness-driven ingredients and organic tea, the Company launches seasonally driven 'collections' with a mission of making tea fun and accessible to all. The Company is headquartered in Montréal, Canada. Contact Information MBC Capital Markets AdvisorsPierre Boucherpierre@ 514-731-0000 DAVIDsTEA Investor Relationsinvestors@
