Off-market insider selling at Dollarama (DOL)

Off-market insider selling at Dollarama (T:DOL)

Neil George Rossy, CEO and Director, disposed of 376,565 Common Shares on a direct ownership basis at a price of $56.000 through a private transaction on April 8th, 2021. The insider also disposed of 618,369 Common Shares on an indirect ownership basis for registered holder GRI Investments Inc. and 1,205,066 Common Shares on an indirect ownership basis for registered holder The Rossy Foundation also at a price of $56.000 through a private transaction on April 8th, 2021. This represents a $123,200,000 divestment of the company's shares and an account share holdings change of -48.7%.

Dollarama is in the Discount Stores Sub Industry Group under the Consumer Cyclicals Sector.

Dollarama Inc. is a Canada-based company that has retail operations across Canadian province. The Company offers an assortment of general merchandise, consumable products and seasonal products, including private label and nationally branded products. It operates through its subsidiaries, including Dollarama L.P and Dollarama International Inc. (DII). Dollarama L.P operates the chain of stores in Canada and performs related logistical and administrative support activities. DII sells merchandise and renders services to customers outside of Canada and also owns interest in Dollarcity, a value retailer that offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points through its stores located in Colombia, El Salvador and Guatemala. It offers products under various departments, such as Easter, school and office, home, kitchen, food, health and beauty, cleaning, hardware, party, electronics and pets.