TORONTO, Oct. 3, 2022 (GLOBE NEWSWIRE) — Colliers International Group Inc. CIGI CIGI (“Colliers”) announced today that it has entered into an automatic stock purchase plan (“ASPP”) in connection with its previously announced ordinary issuer offering (the “NCIB”) relating to its outstanding subordinated voting shares (the “Subordinated Voting Shares “)applicable”). The ASPP is intended to allow the purchase of subordinated voting shares under the NCIB at times when Colliers would not normally be entitled to purchase its securities due to regulatory restrictions and customary self-imposed lock-up periods.

Pursuant to the ASPP, purchases will be made by Colliers’ nominated broker based on pre-determined purchase parameters without further direction from Colliers in accordance with the rules of the Toronto Stock Exchange (“TSX”), applicable securities laws and the Terms of the ASPP. The ASPP has been pre-approved by the TSX and will be effective from October 3, 2022 and will expire on October 28, 2022 unless earlier terminated in accordance with the terms of the ASPP.

The NCIB began on July 20, 2022 and will end no later than July 19, 2023. All purchases made under the ASPP will be included in the calculation of the number of Subordinate Voting Shares purchased under the NCIB.

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Necklaces ((NASDAQ, TSX:CIGI) is a leading diversified professional services and investment management company. With offices in 63 countries, our 17,000 enterprising professionals work together to provide clients with expert real estate and investment advice. For more than 27 years, our experienced leadership with significant insider ownership has delivered 20% compound annual investment returns for shareholders. With annual revenues of $4.5 billion and $81 billion in assets under management, Colliers maximizes the potential of real estate and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com,…