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Latest Press Releases

FirstService Announces Election of Directors
- GlobeNewswire - Thu Apr 9, 6:30AM CDT
GlobeNewswire - CMTX
Thu Apr 9, 6:30AM CDT
FirstService Corporation (TSX: FSV) (NASDAQ: FSV) ("FirstService") today announced that at its annual meeting of shareholders, held in Toronto yesterday, the eight director nominees listed in FirstService's management information circular dated February 28, 2020, as supplemented (the "Circular"), were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.
FirstService Completes Transaction to Settle Long-Term Incentive Arrangement and Eliminate Dual Class Voting Structure
GlobeNewswire - Fri May 10, 12:01PM CDT
GlobeNewswire - CMTX
Fri May 10, 12:01PM CDT
FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced that it has completed the settlement of the Restated Management Services Agreement, including the long-term incentive arrangement, between FirstService, Jay S. Hennick and Jayset Management FSV Inc. and eliminated FirstService's dual class share structure. FirstService has also effected an amendment to its articles that eliminated the Multiple Voting Shares and the "blank cheque" preference shares as part of the authorized capital of FirstService and re-classified its Subordinate Voting Shares as common shares. FirstService's common shares will commence trading under the symbol "FSV" on the Toronto Stock Exchange and The NASDAQ Global Select Market at the start of trading on May 14, 2019.
FirstService Announces Election of Directors and Approval of Transaction to Settle Long-Term Incentive Arrangement and Eliminate Dual Class Voting Structure
GlobeNewswire - Fri May 3, 4:00PM CDT
GlobeNewswire - CMTX
Fri May 3, 4:00PM CDT
FirstService Corporation (TSX: FSV) (NASDAQ: FSV) ("FirstService") announced that at its annual and special meeting of shareholders, held in Toronto today, the eight director nominees listed in FirstService's management information circular dated March 25, 2019 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.
FirstService Reports Strong First Quarter Results
GlobeNewswire - Wed Apr 24, 6:30AM CDT
GlobeNewswire - CMTX
Wed Apr 24, 6:30AM CDT
Double-Digit Revenue Increase Driven by Solid Organic Growth and Tuck-Under Acquisitions
FirstService Increases Credit Facility to US$450 Million
GlobeNewswire - Thu Apr 11, 3:29PM CDT
GlobeNewswire - CMTX
Thu Apr 11, 3:29PM CDT
FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that it has expanded its revolving credit facility (the "Facility") by US$100 million, to a total borrowing capacity of US$450 million. The amended Facility supersedes the prior Facility, effected in January 2018 and which had a borrowing capacity which totaled US$350 million (comprised of an original US$250 million plus a US$100 million accordion feature which was recently exercised in full). The maturity date of the Facility remains January 2023. The Facility will continue to be utilized for working capital and general corporate purposes and to fund our tuck-under acquisition program.
FirstService Further Expands California Closets Company-Owned Operations
GlobeNewswire - Thu Apr 4, 3:29PM CDT
GlobeNewswire - CMTX
Thu Apr 4, 3:29PM CDT
FirstService Corporation (TSX and NASDAQ: FSV) ("FirstService") announced today that it has further expanded its California Closets company-owned operations with the acquisitions of its Baltimore and South New Jersey franchises. Following these transactions, California Closets now has 19 company-owned operations among its 80 total franchised territories. Terms of the transactions were not disclosed.
FirstService to Announce First Quarter Results on April 24, 2019
GlobeNewswire - Wed Apr 3, 3:29PM CDT
GlobeNewswire - CMTX
Wed Apr 3, 3:29PM CDT
FirstService Corporation (TSX and NASDAQ: FSV) ("FirstService") announced today that it will release its financial results for the first quarter ended March 31, 2019 by press release on Wednesday April 24, 2019 at approximately 7:30 am ET.
FirstService Enters Into Definitive Agreement Reaffirming Terms to Settle Long-Term Incentive Arrangement and Eliminate Dual Class Voting Structure
GlobeNewswire - Tue Apr 2, 5:29PM CDT
GlobeNewswire - CMTX
Tue Apr 2, 5:29PM CDT
FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService" or the "Company") announced that it has reaffirmed, without change, the agreed terms announced in a press release issued on March 12, 2019 by entering into a definitive agreement today with Jay S. Hennick, the Company's Founder, Chairman and largest voting shareholder, and entities related to Mr. Hennick to settle the Restated Management Services Agreement (the "MSA"), including the long-term incentive arrangement (the "LTIA"), entered into on February 1, 2004, between the Company, Mr. Hennick and Jayset Management FSV Inc. ("Jayset Mgt") and to eliminate FirstService's dual class share structure.
FirstService to Settle Long-Term Incentive Arrangement and Eliminate Dual Class Voting Structure
GlobeNewswire - Tue Mar 12, 3:29PM CDT
GlobeNewswire - CMTX
Tue Mar 12, 3:29PM CDT
FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService" or the "Company") announced that it has entered into an agreement with Jay S. Hennick, the Company's Founder, Chairman and largest voting shareholder, pursuant to which disinterested holders of FirstService's Subordinate Voting Shares will be given an opportunity to approve a transaction (the "Transaction") to settle the Restated Management Services Agreement (the "MSA"), including the long-term incentive arrangement (the "LTIA"), entered into on February 1, 2004, between the Company, Mr. Hennick and Jayset Management FSV Inc. ("HennickCo"), a corporation controlled by Mr. Hennick and to eliminate the dual class voting structure of FirstService.
FirstService Residential Establishes the Market Leader in Chicago
GlobeNewswire - Tue Feb 12, 6:29AM CST
GlobeNewswire - CMTX
Tue Feb 12, 6:29AM CST
FirstService Corporation (TSX: FSV; NASDAQ: FSV) announced today that FirstService Residential, the North American property management leader, is significantly expanding its Chicago residential property management portfolio with the acquisition of Lieberman Management Services, Inc. At the same time, FirstService is also partnering with Draper & Kramer, Incorporated to transition its Chicago-based condominium division, DK Condo, to FirstService Residential. Terms of both transactions were not disclosed.

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