Pet Valu Holdings Ltd. Announces Closing of C$150 Million Secondary Bought Deal Offering

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MARKHAM, Ontario, May 16, 2025 (GLOBE NEWSWIRE) -- Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, announced today that the previously announced secondary bought deal offering (the “Offering”) of 5,200,000 common shares of the Company (the “Common Shares”) by PV Holdings S.à r.l., Roark Capital Partners II AIV AG, L.P., RCPS Equity Cayman LP and Roark Capital Partners Parallel II AIV AG, L.P. (collectively, the “Selling Shareholders”) at a price of $28.85 per Common Share, for total gross proceeds to the Selling Shareholders of approximately C$150 million, has closed.

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