Dollarama receives approval from Toronto Stock Exchange to renew its normal course issuer bid

MONTREAL, QC, 2017-Jun-08 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) announced today (June 7, 2017 ) that it received approval from the Toronto Stock Exchange (“TSX”) to renew its normal course issuer bid in order to purchase for cancellation up to 5,680,390 of its common shares, representing 5.0% of the 113,607,809 common shares issued and outstanding as at the close of markets on June 6, 2017, during the 12-month period starting on June 19, 2017 and ending no later than June 18, 2018.

Purchases will be conducted through the facilities of the TSX and through alternative trading systems, or by other means as may be permitted by the TSX, such as prearranged crosses, exempt offers and block purchases. Dollarama may also purchase common shares for cancellation by way of private agreements or specific share repurchase programs under issuer bid exemption orders issued by a securities regulatory authority. Purchases made on the open market through the facilities of the TSX and alternative trading systems will be at the prevailing market price at the time of acquisition. Purchases made by way of private agreement under an issuer bid exemption order issued by a securities regulatory authority will be at a discount to the prevailing market price at the time of the acquisition. Purchases made under a specific share repurchase program will be at a discount to the volume weighted average trading price of the common shares on the Canadian markets on the date of the purchase. All shares purchased pursuant to the normal course issuer bid will be cancelled.

The average daily trading volume of the common shares on the TSX over the period between December 1, 2016 and May 31, 2017, as calculated per TSX rules, was 346,664 common shares. Consequently, under TSX rules, Dollarama will be allowed to purchase daily, through the facilities of the TSX, a maximum of 86,666 common shares, representing 25% of such average daily trading volume. In addition, Dollarama may make, once per week, a block purchase (as such term is defined in the TSX Company Manual) of common shares not directly or indirectly owned by insiders of Dollarama, in accordance with TSX rules.

Under the ongoing normal course issuer bid expiring on June 16, 2017, Dollarama repurchased to date a total of 5,975,162 common shares, representing nearly 5.0% of all common shares issued and outstanding as at the close of markets on June 7, 2016, at a weighted average price of $100.78 per common share.

The Board of Directors of Dollarama believes that the purchase by Dollarama of its common shares continues to represent an appropriate and desirable use of its available cash to increase shareholder value.

Forward-Looking Statements

This press release may contain forward-looking statements. Forward-looking statements are based on information currently available to us and on estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments as well as other factors that we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause actual results, level of activity, performance, achievements, future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed in the “Risks and Uncertainties” section of the Corporation’s management’s discussion and analysis (MD&A) for the fiscal year ended January 29, 2017 and in its continuous disclosure filings (available on SEDAR at www.sedar.com).

These factors are not intended to represent a complete list of the factors that could affect us; however, they should be considered carefully. The purpose of the forward-looking statements is to provide the reader with a description of management’s expectations regarding the Corporation’s financial performance and may not be appropriate for other purposes; readers should not place undue reliance on forward-looking statements made herein. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as at June 7, 2017 and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

About Dollarama

Dollarama is a Canadian dollar store operator offering a broad assortment of everyday consumer products, general merchandise and seasonal items. Our 1,108 locations across the country provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Our quality merchandise is sold in individual or multiple units at select, low fixed price points up to $4.00.

For further information:
Investors Media
Michael Ross, FCPA, FCA
Chief Financial Officer
(514) 737-1006 x1237
michael.ross@dollarama.com

Lyla Radmanovich
(514) 845-8763
media@rppelican.ca

www.dollarama.com

Source: Dollarama Inc.

Dollarama To Release Fiscal Year 2017 Results at the End of the First Quarter

MONTREAL, QC, 2017-Mar-06 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) will release its financial results for the fourth quarter and fiscal year ended January 29, 2017 on Thursday, March 30, 2017, at 7:00 a.m. (ET).

Management will hold a conference call on the same day to discuss the results. Investors and financial analysts are invited to ask questions. Media may participate in the call on a listen-only basis.

Call Details: Thursday, March 30, 2017 at 10:30 a.m. (ET)

Dial-in number: (514) 392-1478 or (866) 223-7781

Conference call replay (available until April 30, 2017)

(514) 861-2272 or (800) 408-3053

Access code 2684236#

About Dollarama

Dollarama is a Canadian dollar store operator offering a broad assortment of everyday consumer products, general merchandise and seasonal items. Our 1,069 locations across the country provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Our quality merchandise is sold in individual or multiple units at select, fixed price points up to $4.00.

For further information:
Investors Media
Michael Ross, FCPA, FCA
Chief Financial Officer
(514) 737-1006 x1237
michael.ross@dollarama.com

Lyla Radmanovich
(514) 845-8763
media@rppelican.ca
www.dollarama.com

Source: Dollarama

Toronto Stock Exchange (TSX) approval for Dollarama’s renewal of normal course issuer bid

MONTREAL, QC, 2016-Jun-14 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) announced today that it received approval from the Toronto Stock Exchange (“TSX”) to renew its normal course issuer bid in order to purchase for cancellation up to 5,975,854 of its common shares, representing 5.0% of the 119,517,081 common shares issued and outstanding as at the close of markets on June 7, 2016, during the 12-month period starting on June 17, 2016 and ending no later than June 16, 2017.

The repurchase program will be conducted through the facilities of the TSX or alternative trading systems, if eligible, and will conform to their regulations. The average daily trading volume of the common shares over the period between December 1, 2015 and May 31, 2016, as calculated per TSX rules, was 477,218 common shares. Consequently, under TSX rules, Dollarama will be allowed to purchase daily, through the facilities of the TSX, a maximum of 119,304 common shares, representing 25% of such average daily trading volume. In addition, Dollarama may make, once per week, a block purchase (as such term is defined in the TSX Company Manual) of common shares not directly or indirectly owned by insiders of Dollarama, in accordance with TSX rules.

Purchases under the normal course issuer bid may also be made by means other than open market transactions, as the TSX or a securities regulatory authority may permit, including pre-arranged crosses, exempt offers and private agreements under an issuer bid exemption order issued by a securities regulatory authority.

The price to be paid by Dollarama for any common share will be the market price at the time of acquisition, plus brokerage fees, or such other price as the TSX may permit. In the event that Dollarama purchases common shares by pre-arranged crosses, exempt offers, block purchases or private agreements, the purchase price of the common shares may be, and will be in the case of purchases by private agreements, at a discount to the market price of the common shares at the time of the acquisition. The shares purchased pursuant to the normal course issuer bid will be cancelled.

Dollarama also announced that it renewed its automatic purchase plan agreement (“APP”) with a broker to allow for the purchase of its common shares under the normal course issuer bid at times when Dollarama ordinarily would not be active in the market due to self-imposed trading blackout periods. Before entering into a blackout period, Dollarama may, but is not required to, instruct the designated broker to make purchases under the normal course issuer bid in accordance with the terms of the APP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Dollarama prior to the blackout period in accordance with TSX rules, applicable securities laws and the terms of the APP. The terms of the APP have been pre-cleared by the TSX. Outside of these pre-determined blackout periods, common shares will be purchased based on management’s discretion, in compliance with TSX rules and applicable securities laws.

Under the ongoing normal course issuer bid expiring on June 16, 2016, Dollarama repurchased so far a total of 9,422,031 common shares, representing 7.99% of the public float as at the close of markets on June 9, 2015, at a weighted average price of $85.65 per common share.

The Board of Directors of Dollarama believes that the purchase by Dollarama of its common shares continues to represent an appropriate and desirable use of its available cash to increase shareholder value.

Forward-Looking Statements
This press release may contain forward-looking statements. Forward-looking statements are based on information currently available to us and on estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments as well as other factors that we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause actual results, level of activity, performance, achievements, future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed in the “Risks and Uncertainties” section of the Corporation’s management’s discussion and analysis (MD&A) for the fiscal year ended January 31, 2016 and in its continuous disclosure filings (available on SEDAR at www.sedar.com).

These factors are not intended to represent a complete list of the factors that could affect us; however, they should be considered carefully. The purpose of the forward-looking statements is to provide the reader with a description of management’s expectations regarding the Corporation’s financial performance and may not be appropriate for other purposes; readers should not place undue reliance on forward-looking statements made herein. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as at June 8, 2016 and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

About Dollarama
Dollarama is a Canadian dollar store operator offering a broad assortment of everyday consumer products, general merchandise and seasonal items. Our 1,038 locations across the country provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Our quality merchandise is sold in individual or multiple units at select, low fixed price points up to $3.00.

For further information
Investors
Michael Ross, FCPA, FCA
Chief Financial Officer
(514) 737-1006 x1237
michael.ross@dollarama.com
Media
Lyla Radmanovich
(514) 845-8763
media@rppelican.ca

www.dollarama.com

Dollarama announces the appointment of Neil Rossy as President and CEO, effective May 1, 2016

To succeed Larry Rossy who will remain active as Executive Chairman

MONTRÉAL, Québec, 2016-Apr-05 — /EPR Retail News/ — Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”) announced today that the Board of Directors has appointed Neil Rossy as President and Chief Executive Officer, effective May 1, 2016. Company founder Larry Rossy will continue to play an active role in key areas of Dollarama’s business as Executive Chairman.

“Succession planning has been an important focus for the Board over the past several years and we believe this is the right time for an orderly leadership transition,” stated Stephen Gunn, Lead Director of Dollarama’s Board of Directors. “Neil has shown strong leadership as one of the key architects of Dollarama’s success. He is an experienced retail executive with an intimate knowledge of all company operations, and is respected by his colleagues. The Board has full confidence in Neil’s ability to lead Dollarama’s growth in the coming years with the support of the strong team in place.”

Neil Rossy, 46, is currently Chief Merchandising Officer and a member of the Board of Directors since 2004. With the company since its inception in 1992, he has been involved in all aspects of Dollarama’s business, supply chain and day-to-day operations. Over the last two decades, Neil Rossy has played an increasingly important role in strategic decisions related to warehousing and distribution, direct sourcing, product development and merchandising innovations that define Dollarama and underpin its success. He is a graduate of Queen’s University.

“Neil is a proven leader who knows the business inside out, and has contributed tremendously to Dollarama’s growth. I look forward to focusing on my real estate and buying responsibilities while providing my full support to Neil and the rest of our management team as Executive Chairman,” said Larry Rossy, Chairman and CEO.

“I am excited to take the helm of a company that is part of my DNA and thank the Board for its confidence in me. For over 20 years, I have been fortunate to work directly and intimately with a great Canadian entrepreneur, an experience that has prepared me well for these new responsibilities,” said Neil Rossy. “I will continue to work with our talented team, including Larry, to lead Dollarama’s growth in the years to come.”

About Dollarama
Dollarama is Canada’s leading dollar store operator with 1,030 locations across the country. Our stores provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Dollarama aims to provide customers with a consistent shopping experience, offering a broad assortment of everyday consumer products, general merchandise and seasonal items. Our quality merchandise is sold in individual or multiple units at select fixed price points up to $3.00.

Forward-Looking Statements
Certain statements in this press release about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking statements. The words “may”, “will”, “would”, “should”, “could”, “expects”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “predicts”, “likely” or “potential” or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements. Forward-looking statements are based on information currently available to us and on estimates and assumptions made by us regarding factors that we believe are appropriate and reasonable in the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, but not limited to, the factors discussed in the “Risks and Uncertainties” section of the Corporation’s management’s discussion and analysis (available on SEDAR at www.sedar.com).

Unless otherwise stated, the forward-looking statements contained in this press release are made as at March 30, 2016 and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

For further information:
Investors
Michael Ross, FCPA, FCA
Chief Financial Officer
514-737-1006 x1237
michael.ross@dollarama.com

Media
Lyla Radmanovich
(514) 845-8763
media@rppelican.ca

www.dollarama.com