ATS ANNOUNCES INCREASE IN NUMBER OF COMMON SHARES THAT MAY BE PURCHASED UNDER NCIB
Cambridge, Ontario (February 6, 2019) (TSX: ATA) On December 3, 2018, ATS announced that the Toronto Stock Exchange ("TSX") had accepted a notice filed by it of its intention to make a normal course issuer bid ("NCIB"). Under the NCIB, ATS has the ability to purchase for cancellation up to a maximum of 3,000,000 common shares, representing approximately 3.2% of the 94,139,097 common shares that were issued and outstanding as of November 16, 2018. Today the TSX accepted an amended notice filed by ATS, increasing the maximum number of common shares that may be purchased under the NCIB to 6,366,405 common shares, representing 10% of the "public float" of 63,664,050 common shares (as defined by the TSX and calculated as of November 15, 2018). The effective date of this amendment to the NCIB is February 11, 2019.