Cott Corporation Completes US$149.9M Bought Deal Offering

Goodmans represented Cott Corporation ("Cott") in connection with the completion of a public offering of 16,215,000 common shares at a price of US$9.25 per share on a bought deal basis, which includes the exercise in full by the underwriters of their over-allotment option to purchase an additional 2,115,000 common shares, for total gross proceeds to Cott of US$149,988,750.

Cott will use the net proceeds of this offering to redeem all of Cott's Series B Non-Convertible First Preferred Shares and a portion of Cott's Series A Convertible First Preferred Shares.

The common shares were offered in the United States pursuant to a prospectus supplement dated May 27, 2015, to Cott's effective registration statement dated May 26, 2015, filed with the U.S. Securities and Exchange Commission, and in each of the Provinces of Canada, except Quebec, by way of a prospecuts supplement dated May 27, 2015 to Cott's short form base shelf prospectus dated May 19, 2015.

Cott is on of the world's largest producers of beverages on behalf of retailers, brand owners and distributors.